Unitech Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 7.46

Unitech Ltd, a small-cap player in the realty sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 7.46, reflecting a positive change of Rs 0.3, or 4.22%, from the previous trading session. The last traded price stood at Rs 7.41, indicating strong market interest.
During the trading session, Unitech recorded a total traded volume of approximately 61.16 lakh shares, resulting in a turnover of around Rs 4.49 crore. The stock's performance today, however, underperformed the sector by 1.67%. Notably, it is trading higher than its 20-day and 50-day moving averages, although it remains below the 5-day, 100-day, and 200-day moving averages.

Despite a slight decline in investor participation, with delivery volume dropping by 2.77% against the 5-day average, the stock remains liquid enough for trades of Rs 0.08 crore based on 2% of the 5-day average traded value. Overall, Unitech Ltd's performance today highlights its resilience in a challenging market environment.