Vaxtex Cotfab Hits Upper Circuit Limit Amid Active Trading in Garments Sector
Vaxtex Cotfab Ltd, a microcap in the Garments & Apparels sector, experienced notable trading activity, hitting its upper circuit limit. The stock traded around Rs 0.87 with a volume of approximately 2.28 lakh shares. It remains above key moving averages, indicating stability despite slight underperformance relative to the sector.
Vaxtex Cotfab Ltd, a microcap player in the Garments & Apparels industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 0.88, reflecting a change of Rs 0.03 or 3.57% from its previous close. The last traded price stood at Rs 0.87, with a low of Rs 0.80 during the trading session.The total traded volume for Vaxtex Cotfab was approximately 2.28 lakh shares, resulting in a turnover of Rs 0.0196 crore. Notably, the stock's performance today was slightly below the sector average, underperforming by 0.27%. However, it remains above its 50-day, 100-day, and 200-day moving averages, indicating a relatively stable position in the market.
Despite the fluctuations, the stock's liquidity appears adequate, based on 2% of the five-day average traded value. Overall, Vaxtex Cotfab's performance today highlights its active trading status within the garments sector, with the stock successfully reaching its upper circuit limit.
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