Archies Ltd Achieves Significant Stock Surge Amid Declining Investor Participation

Apr 02 2025 10:00 AM IST
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Archies Ltd's stock reached the upper circuit limit, closing at Rs 16.96, with a notable increase for the day. The trading session saw a low of Rs 15.50 and a total volume of approximately 0.46559 lakh shares. The stock has shown consistent gains over the past two days.
Archies Ltd, a microcap player in the trading industry, has made headlines today as its stock hit the upper circuit limit, closing at a high price of Rs 16.96. This marks a significant increase of 1.54 points, translating to a 9.99% change for the day. The stock's performance has outpaced its sector by 2.19%, showcasing its strong market position.

Throughout the trading session, Archies experienced a low of Rs 15.50, with a total traded volume of approximately 0.46559 lakh shares, resulting in a turnover of around Rs 0.0768 crore. The stock has shown consistent gains over the past two days, accumulating a total return of 11.54% during this period.

In terms of moving averages, Archies is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, investor participation has seen a decline, with delivery volume dropping by 66.12% compared to the 5-day average.

Overall, Archies Ltd's performance today reflects a robust upward trend, marking a notable achievement in its trading activity.
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