Unitech Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 7.93
Unitech Ltd, a small-cap realty company, saw its stock reach an intraday high of Rs 7.93, with significant trading activity of around 22.68 lakh shares. The stock has shown consistent gains over the past two days, outperforming its sector and indicating strong investor interest and market momentum.
Unitech Ltd, a small-cap player in the realty sector, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 7.93. The stock experienced a positive change of Rs 0.14, translating to a 1.85% increase from the previous trading session. With a total traded volume of approximately 22.68 lakh shares and a turnover of Rs 1.77 crore, Unitech has shown robust activity in the market.The stock has outperformed its sector by 2.28%, marking a consecutive gain over the last two days with a total return of 7.22% during this period. Notably, Unitech is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the delivery volume on October 3rd reached 20.63 lakh shares, reflecting a significant increase of 49.4% compared to the 5-day average.
Overall, Unitech Ltd's performance today highlights its strong market position and investor engagement, showcasing a positive trajectory in the realty sector.
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