Walchandnagar Industries Stock Hits Upper Circuit Limit at Intraday High of Rs 203.19
Walchandnagar Industries Ltd experienced notable trading activity today, hitting the upper circuit limit with an intraday high of Rs 203.19. The stock's last traded price was Rs 200.38, with a total volume of approximately 1.83 lakh shares. The company has shown positive momentum, outperforming its sector.
Walchandnagar Industries Ltd, a player in the Industrial Manufacturing sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 203.19, reflecting a 5% increase from its previous trading session. This surge comes after a two-day decline, marking a notable trend reversal for the microcap company.The stock's last traded price (LTP) stands at Rs 200.38, with a change of Rs 6.86, translating to a percentage change of 3.54%. The total traded volume for the day was approximately 1.83 lakh shares, resulting in a turnover of Rs 3.67 crore. Notably, the stock has outperformed its sector by 3.76% today.
In terms of moving averages, Walchandnagar Industries is currently above its 5-day and 50-day averages, although it remains below the 20-day, 100-day, and 200-day averages. Despite a decline in delivery volume, which fell by 6.95% against the 5-day average, the stock maintains sufficient liquidity for trading.
Overall, Walchandnagar Industries Ltd has demonstrated a robust performance today, reflecting positive momentum in the market.
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