Visa Steel Stock Hits Upper Circuit Limit with Intraday High of Rs 68.33
Visa Steel Ltd, a microcap in the ferrous metals sector, reached its upper circuit limit today, hitting an intraday high of Rs 68.33. The stock saw significant trading volume and a notable increase in delivery volume, indicating heightened investor interest despite slight underperformance in its sector.
Visa Steel Ltd, a microcap player in the ferrous metals industry, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 68.33, reflecting a notable increase of 4.99% from its previous trading session. The last traded price (LTP) stood at Rs 66.95, marking a change of Rs 1.87 or 2.87% for the day.Trading volume was recorded at approximately 0.30602 lakh shares, with a turnover of Rs 0.207 crore. The stock opened with a gap up of 4.27%, indicating strong initial interest. Despite underperforming its sector by 0.65%, Visa Steel has shown resilience with a consecutive gain over the last day, although it has experienced a slight decline of 0.12% over that period.
In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day averages, but below the 5-day average. Additionally, delivery volume has surged by 137.66% compared to the 5-day average, suggesting increased investor participation. Overall, Visa Steel's performance today highlights its active trading status within the market.
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