Zuari Agro Chemicals Stock Hits Upper Circuit Limit with Intraday High of Rs 271.85

Zuari Agro Chemicals Ltd, a small-cap player in the fertilizers industry, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 271.85, reflecting a notable increase of 4.98% from the previous close. This surge marks a continuation of positive momentum, as the stock has gained 6.42% over the last two days.
Trading activity was robust, with a total traded volume of approximately 1.46 lakh shares, resulting in a turnover of around Rs 3.95 crore. The stock opened with a gain of 2.74%, indicating strong investor interest at the start of the trading session. Despite the positive performance, delivery volume has seen a significant decline, falling by 79.74% compared to the five-day average.

In terms of moving averages, Zuari Agro Chemicals is currently performing above its 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average. Overall, the stock's performance today has outpaced its sector, which recorded a slight decline of 0.10%. The market capitalization stands at Rs 1,143.35 crore, solidifying its position in the small-cap segment.