ACME Solar Holdings Sees Surge in Trading Activity Amid Strong Investor Engagement
ACME Solar Holdings Ltd has reached its upper circuit limit, achieving an intraday high of Rs 200.89. The stock demonstrated significant trading activity with 10.86 lakh shares exchanged and a notable increase in delivery volume. Its performance reflects strong investor engagement in the renewable energy sector.
ACME Solar Holdings Ltd, a midcap player in the renewable energy sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 200.89, reflecting a notable change of Rs 9.56, which corresponds to a 5% increase. This performance outpaced the sector's average return of 1.81% and the Sensex's return of 1.33% for the day.The trading volume for ACME Solar was significant, with a total of 10.86 lakh shares exchanged, resulting in a turnover of approximately Rs 21.55 crore. The stock has shown consistent upward momentum, gaining 7.2% over the last two days. Additionally, the delivery volume surged by 156.93% compared to the five-day average, indicating rising investor participation.
In terms of moving averages, ACME Solar's current price is above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Overall, ACME Solar Holdings Ltd's performance today highlights its strong position within the renewable energy market, showcasing robust trading activity and investor engagement.
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