Orchid Pharma Sees Surge in Trading Activity Amid Increased Investor Participation

Mar 18 2025 01:00 PM IST
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Orchid Pharma Ltd experienced notable trading activity today, reaching an intraday high and significant turnover. The stock has shown consecutive gains over the past two days, with increased investor participation reflected in a rise in delivery volume. Despite being below key moving averages, it has outperformed its sector.
Orchid Pharma Ltd, a small-cap player in the Pharmaceuticals & Drugs industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 846.4, reflecting a 5% increase from its previous trading session. The last traded price stood at Rs 819.9, marking a change of Rs 13.8 or 1.71%.

Today's trading saw a total volume of approximately 0.90514 lakh shares, resulting in a turnover of Rs 7.48 crore. Notably, Orchid Pharma has outperformed its sector by 0.65% and has recorded consecutive gains over the past two days, accumulating a total return of 3.96% during this period.

Despite trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has experienced a notable increase in investor participation, with delivery volume rising by 119.23% compared to the 5-day average.

In summary, Orchid Pharma's performance today highlights its resilience in the market, with a strong intraday high and increased trading activity, reflecting a positive trend in its current performance metrics.
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