Orbit Exports Ltd Achieves Significant Stock Surge Amidst Textile Sector Resilience

Apr 03 2025 03:00 PM IST
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Orbit Exports Ltd's stock reached an intraday high of Rs 169.84, hitting the upper circuit limit. The stock has gained 20.17% over the past three days, with a trading volume of approximately 0.18794 lakh shares. It has outperformed its sector, showcasing resilience in the textile industry.
Orbit Exports Ltd, a microcap player in the textile industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 169.84. This marks a significant achievement, with the stock experiencing a notable change of Rs 13.00, translating to a percentage increase of 8.42%.

The stock has shown impressive performance over the past three days, accumulating a total return of 20.17%. Today's trading saw a total volume of approximately 0.18794 lakh shares, resulting in a turnover of Rs 0.3029 crore. The stock traded within a wide range of Rs 17.85, with a low price of Rs 151.99.

In terms of market positioning, Orbit Exports has outperformed its sector by 8.49% today. While the stock's weighted average price indicates more volume traded closer to its low price, it remains higher than both the 5-day and 20-day moving averages. However, it is currently lower than the 50-day, 100-day, and 200-day moving averages.

Overall, Orbit Exports Ltd's performance today reflects a strong upward trend, highlighting its resilience in the textile sector.
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