Kritika Wires Ltd Shows Strong Trading Activity Amid Market Momentum

Apr 22 2025 10:01 AM IST
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Kritika Wires Ltd, a microcap in the Steel/Sponge Iron/Pig Iron sector, reached its upper circuit limit today, with significant trading activity. The stock saw a total volume of approximately 1.47 lakh shares and demonstrated strong relative strength, outperforming its sector during the session.
Kritika Wires Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 9.25. The stock experienced a notable change of Rs 0.44, reflecting a percentage increase of 4.99%.

Throughout the trading session, Kritika Wires recorded a total traded volume of approximately 1.47 lakh shares, resulting in a turnover of around Rs 0.136 crore. The stock's performance today outpaced its sector by 3.88%, indicating strong relative strength in the market.

In terms of moving averages, Kritika Wires is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. The liquidity of the stock is deemed sufficient for trading, based on 2% of the 5-day average traded value, allowing for a trade size of Rs 0.04 crore.

Overall, Kritika Wires Ltd has demonstrated robust performance today, reflecting positive momentum in its trading activity.
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