Fiberweb (India) Ltd Experiences Surge in Trading Activity Amid Positive Market Sentiment
The stock opened with a gain of 2.5% and traded within a wide range of Rs 4.02 throughout the day, with a low of Rs 39.54. Total traded volume stood at approximately 1.96 lakh shares, contributing to a turnover of Rs 0.80 crore. Notably, the stock has been on a positive trajectory, gaining 11.03% over the last two days.
Despite high volatility, with an intraday fluctuation of 8.25%, Fiberweb's performance metrics suggest a robust trading environment. The stock's delivery volume has also seen a rise of 20.83% compared to the five-day average, indicating increased investor participation.
In summary, Fiberweb (India) Ltd's performance today highlights its strong market position and active trading dynamics, reflecting a positive sentiment in the textile sector.
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