Zodiac Energy Stock Hits Upper Circuit Limit with Intraday High of Rs 398.3
Zodiac Energy Ltd, a microcap in the construction sector, saw its stock reach an intraday high of Rs 398.3, marking a notable increase. Trading volume was robust, with significant investor interest reflected in a surge in delivery volume. The stock has outperformed its sector amid active trading conditions.
Zodiac Energy Ltd, a microcap player in the construction industry, has made headlines today as its stock hit the upper circuit limit, reaching an impressive intraday high of Rs 398.3. This marks a significant change of Rs 15.75, translating to a 4.15% increase from the previous trading session. The stock's performance has notably outperformed its sector, which saw a decline of 1.34%.Trading activity has been robust, with a total traded volume of 0.30848 lakh shares and a turnover of Rs 1.217 crore. The stock opened with a gain of 2.68%, indicating strong investor interest. Over the past two days, Zodiac Energy has shown a consecutive gain, accumulating a total return of 8.08%.
In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. Additionally, delivery volume has surged by 488.14% compared to the 5-day average, reflecting rising investor participation. Overall, Zodiac Energy's performance today highlights its strong market position and active trading environment.
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