Zodiac Energy Stock Surges Amid Increased Investor Participation and Market Resilience

Jun 02 2025 10:06 AM IST
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Zodiac Energy Ltd's stock reached its upper circuit limit, closing at Rs 524.5 with a notable increase. The trading volume was approximately 3.59 lakh shares, resulting in a turnover of Rs 18.61 crore. Investor interest surged, reflected in a significant rise in delivery volume compared to recent averages.
Zodiac Energy Ltd, a microcap player in the construction industry, has made headlines today as its stock hit the upper circuit limit, closing at a high price of Rs 524.5. This marks a significant change of Rs 47.65, reflecting a percentage increase of 9.99%. The stock's performance today saw a total traded volume of approximately 3.59 lakh shares, resulting in a turnover of Rs 18.61 crore.

Despite this impressive performance, the stock has underperformed its sector by 1.32% and has experienced a trend reversal after two consecutive days of gains. The intraday low was recorded at Rs 476.8, with the stock trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the short to medium term.

Investor participation has notably increased, with delivery volume rising by 403.36% compared to the 5-day average. This suggests a growing interest in the stock, which remains liquid enough for trades of Rs 0.13 crore based on the 5-day average traded value. Overall, Zodiac Energy's performance today highlights its resilience in the market, despite some fluctuations.
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