Zodiac Energy Stock Hits Upper Circuit Limit Amid High Trading Volatility

Zodiac Energy Ltd, a microcap player in the construction industry, has made headlines today as its stock hit the upper circuit limit, closing at Rs 529.7. The stock experienced a significant change of Rs 88.25, reflecting a 19.99% increase. During the trading session, Zodiac Energy reached an intraday high of Rs 560, marking a 5.72% rise from its opening price, which itself was up by 4.21%.
The stock traded within a wide range of Rs 78.9, with a low of Rs 496.35 and a total traded volume of approximately 2.75 lakh shares, resulting in a turnover of Rs 14.45 crore. Despite today's impressive performance, it is noteworthy that the stock has underperformed its sector by 4.04% and has shown a trend reversal after six consecutive days of gains.

Zodiac Energy is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market. The stock's high volatility today, with an intraday volatility of 7.07%, reflects active trading dynamics. Overall, Zodiac Energy's performance today highlights its significant activity in the market, with a notable upper circuit achievement.