Zuari Agro Chemicals Stock Hits Upper Circuit Limit with Intraday High of Rs 302.25

Zuari Agro Chemicals Ltd, a small-cap player in the fertilizers industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 302.25. The stock experienced a notable change of Rs 14.35, reflecting a percentage increase of 4.98%. Throughout the trading session, the stock fluctuated between an intraday low of Rs 291.00 and the aforementioned high, indicating a robust trading range.
The total traded volume reached approximately 6.21 lakh shares, contributing to a turnover of Rs 18.65 crore. Despite this positive movement, the stock underperformed its sector by 2.7%, and it has seen a trend reversal after three consecutive days of gains. The weighted average price suggests that more volume was traded closer to the low price, indicating varied investor sentiment.

In terms of moving averages, the stock is currently above the 5-day, 100-day, and 200-day averages, yet below the 20-day and 50-day averages. Notably, delivery volume has increased significantly, rising by 72.27% compared to the 5-day average. Overall, Zuari Agro Chemicals Ltd's performance today highlights a dynamic trading environment, with the stock's upper circuit limit reflecting strong market activity.