Viji Finance Ltd Shows Resilience with Upper Circuit Limit Performance Amid Market Challenges

Viji Finance Ltd, a microcap player in the Finance/NBFC sector, has shown significant activity today as the stock hit its upper circuit limit. The stock reached a high price of Rs 2.28, marking a notable change of Rs 0.18, or an increase of 8.65%. This performance stands out as it outperformed the sector by 7.28%, indicating a positive shift in market sentiment.
Throughout the trading session, Viji Finance recorded a total traded volume of approximately 1.19 lakh shares, resulting in a turnover of Rs 0.026 crore. The last traded price was Rs 2.26, with the stock fluctuating between a low of Rs 2.11 and the aforementioned high.

Despite a recent trend of four consecutive days of decline, today's performance suggests a potential trend reversal, as the stock has gained traction. However, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, while still being higher than the 5-day moving average.

In summary, Viji Finance Ltd's performance today reflects a significant rebound, with the stock hitting its upper circuit limit and demonstrating resilience in a challenging market environment.