Vakrangee Ltd Surges Amidst Sector Decline, Showcasing Market Resilience

Apr 03 2025 10:00 AM IST
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Vakrangee Ltd, a small-cap IT software firm, reached its upper circuit limit today, trading at Rs 10.37. The stock outperformed its sector amid a decline, with a trading volume of approximately 57.88 lakh shares. It has gained for three consecutive days, reflecting strong market activity.
Vakrangee Ltd, a small-cap player in the IT - Software sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 10.37. The stock experienced a notable change of Rs 0.49, reflecting a percentage increase of 4.96%. This performance is particularly impressive as it outperformed its sector, which saw a decline of 2.45%.

Throughout the trading session, Vakrangee recorded a total traded volume of approximately 57.88 lakh shares, resulting in a turnover of around Rs 5.86 crore. The stock has been on a positive trajectory, gaining for three consecutive days and achieving a cumulative return of 15.62% over this period.

In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day averages. Despite a decrease in delivery volume, which fell by 56.04% compared to the 5-day average, the stock maintains sufficient liquidity for trading.

Overall, Vakrangee's performance today highlights its resilience in a challenging sector environment, marking a significant achievement for the company.
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