Zen Technologies Ltd Achieves Upper Circuit Limit Amid Strong Trading Activity
Zen Technologies Ltd, a midcap in the Aerospace & Defense sector, reached its upper circuit limit today, with significant trading volume of approximately 13.66 lakh shares and a turnover of Rs 267.60 crore. The stock has shown consistent gains over the past two days, reflecting its strong market position.
Zen Technologies Ltd, a midcap player in the Aerospace & Defense sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 1994.6, reflecting a 5% increase from its previous close. The last traded price (LTP) stands at Rs 1993.0, marking an absolute change of Rs 93.3, or a 4.91% rise.Today's trading volume reached approximately 13.66 lakh shares, contributing to a turnover of Rs 267.60 crore. The stock has outperformed its sector by 6.27% and has been on a positive trajectory, gaining for the last two days with a total return of 5.31% during this period.
In terms of moving averages, Zen Technologies is performing above its 5-day, 50-day, 100-day, and 200-day averages, although it remains below the 20-day moving average. Despite a slight decline in delivery volume, the stock maintains sufficient liquidity for trades sized at Rs 2.18 crore, indicating a healthy trading environment.
Overall, Zen Technologies Ltd's performance today underscores its strong market position and resilience in the Aerospace & Defense industry.
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