Vipul Ltd Stock Hits Upper Circuit Limit with High Price of Rs 8.74
Vipul Ltd, a microcap in the realty sector, reached its upper circuit limit today, with significant trading activity and a notable increase in share volume. The stock's price surpassed its short-term moving averages, indicating heightened investor interest and engagement, contrasting with broader market trends.
Vipul Ltd, a microcap player in the realty sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 8.74. The stock experienced a notable change of Rs 0.79, translating to a percentage increase of 9.94%. This performance significantly outpaced the sector, which recorded a 1D return of -0.23%, and the broader market, with the Sensex down by 0.42%.The trading volume for Vipul today reached approximately 6.52 lakh shares, resulting in a turnover of Rs 0.56 crore. The stock's price band was set at 10%, indicating a robust trading environment. Notably, the delivery volume surged to 7.18 lakh shares on November 3, marking a 190.04% increase compared to the five-day average, suggesting rising investor participation.
In terms of moving averages, Vipul's current price is higher than both the 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day averages. Overall, Vipul Ltd's performance today reflects strong market activity and investor engagement, underscoring its position within the realty sector.
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