Zodiac Clothing Company Sees Strong Rebound Amid Increased Investor Activity

May 02 2025 10:00 AM IST
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Zodiac Clothing Company Ltd has seen significant trading activity, hitting its upper circuit limit and reversing a two-day decline. The stock's intraday performance included a notable increase, with a total traded volume of approximately 1.065 million shares. Investor participation surged, indicating positive momentum in its trading activity.
Zodiac Clothing Company Ltd, a microcap player in the textile industry, has experienced significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 108.15, reflecting a notable change of Rs 18.02, or a 19.99% increase. This performance marks a trend reversal for the company, as it has gained after two consecutive days of decline.

The total traded volume for the day was approximately 1.065 million shares, resulting in a turnover of around Rs 1.08 crore. Notably, the stock outperformed its sector by 6.25%, showcasing its resilience in a competitive market. The weighted average price indicates that more volume was traded closer to the low price of Rs 90.13, suggesting active trading dynamics.

In terms of moving averages, the stock is currently positioned higher than the 20-day and 50-day averages, although it remains below the 5-day, 100-day, and 200-day averages. Additionally, investor participation has surged, with delivery volume increasing by 350.48% compared to the 5-day average.

Overall, Zodiac Clothing Company Ltd's performance today highlights a strong rebound, reflecting positive momentum in its trading activity.
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