Vakrangee Ltd Shows Resilience with Strong Trading Activity and Market Interest
Vakrangee Ltd, a small-cap IT software company, reached its upper circuit limit today, reflecting strong market interest. The stock saw significant trading activity with around 90.22 lakh shares exchanged. Despite trading below moving averages, it demonstrated resilience, outperforming its sector and the Sensex in terms of returns.
Vakrangee Ltd, a small-cap player in the IT software industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 9.88. The stock experienced a positive change of Rs 0.47, translating to a 4.99% increase. This performance stands out as it outperformed its sector by 1.32%, reflecting strong market interest.Throughout the trading session, Vakrangee recorded a total traded volume of approximately 90.22 lakh shares, resulting in a turnover of around Rs 8.85 crore. The stock's intraday low was noted at Rs 9.35, indicating a robust trading range within the day.
Despite trading below its moving averages across various time frames, the stock's liquidity remains adequate, with a delivery volume of 71.19 lakh shares, although this figure has seen a decline of 28.79% compared to the five-day average.
Overall, Vakrangee's performance today highlights its resilience in the market, with a notable 1D return of 1.82%, contrasting with the sector's minimal return of 0.02% and the Sensex's return of 0.39%.
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