Hi-Tech Gears Ltd Experiences Surge in Trading Activity Amid Positive Market Sentiment

Mar 28 2025 10:00 AM IST
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Hi-Tech Gears Ltd, a small-cap auto ancillary company, experienced significant trading activity, reaching its upper circuit limit and achieving a notable intraday high. The stock has gained for three consecutive days, with a substantial increase in delivery volume, indicating heightened investor interest and positive market sentiment in the sector.
The Hi-Tech Gears Ltd, a small-cap player in the auto ancillary sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 629.2, reflecting a 5% increase from its previous close. The last traded price stood at Rs 603.5, marking an absolute change of Rs 28.5, or a 4.96% increase.

In terms of trading volume, The Hi-Tech Gears recorded a total traded volume of approximately 0.31761 lakh shares, resulting in a turnover of Rs 1.82 crore. The stock has been on a positive trajectory, gaining for three consecutive days and achieving a total return of 8.92% during this period. Notably, it outperformed its sector by 3.24% today.

The stock's performance is also supported by its delivery volume, which surged by 932.99% compared to the five-day average, indicating rising investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages.

Overall, The Hi-Tech Gears Ltd has demonstrated strong performance today, reflecting positive market sentiment within the auto ancillary industry.
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