M K Proteins Ltd Sees Surge in Trading Activity Amid Market Position Strengthening
M K Proteins Ltd, a microcap in the solvent extraction industry, reached its upper circuit limit today, with significant trading activity and a notable increase in price. The stock has shown consistent gains over the past six days, outperforming its sector, despite a decline in investor participation.
M K Proteins Ltd, a microcap company in the solvent extraction industry, has experienced significant trading activity today, hitting its upper circuit limit with a high price of Rs 7.24. The stock recorded a change of Rs 0.26, reflecting a 3.77% increase from the previous trading session. The last traded price (LTP) stands at Rs 7.16, with a low price of Rs 7.00 during the day.In terms of trading volume, M K Proteins saw a total traded volume of approximately 1.67 lakh shares, resulting in a turnover of Rs 0.12 crore. The stock has outperformed its sector by 2.28% today and has shown a remarkable consecutive gain over the last six days, accumulating a total return of 28.14% during this period.
While the stock is currently trading above its 5-day and 20-day moving averages, 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 52.89% compared to the 5-day average. Overall, M K Proteins Ltd's performance today highlights its strong market position within the solvent extraction sector.
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