DMCC Speciality Chemicals Sees Significant Turnaround Amid Renewed Market Interest
DMCC Speciality Chemicals Ltd's stock reached its upper circuit limit, closing at Rs 286.75 after a notable increase. The trading session saw a significant rise in delivery volume, and despite trading below various moving averages, the stock demonstrated strong liquidity, indicating renewed interest in the chemicals sector.
DMCC Speciality Chemicals Ltd has made headlines today as the stock hit its upper circuit limit, closing at an impressive high price of Rs 286.75. This marks a notable change of Rs 13.65, reflecting a 5.0% increase in value. The stock's performance today outpaced its sector by 1.78%, indicating a positive shift after six consecutive days of decline.During the trading session, DMCC Speciality Chemicals recorded an intraday high of Rs 286.75, with a low of Rs 275.4. The total traded volume reached approximately 0.02936 lakh shares, resulting in a turnover of Rs 0.08311816 crore. Notably, the stock has shown a significant rise in delivery volume, increasing by 427.2% compared to its five-day average.
Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock's liquidity remains robust, allowing for trades of Rs 0.01 crore based on 2% of the five-day average traded value. Overall, DMCC Speciality Chemicals Ltd's performance today highlights a significant turnaround, reflecting a renewed interest in the stock within the chemicals industry.
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