Pondy Oxides & Chemicals Ltd Sees Surge in Trading Volume and Investor Interest

Mar 21 2025 03:00 PM IST
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Pondy Oxides & Chemicals Ltd's stock reached an intraday high of Rs 617.65, marking a notable increase. The trading volume was significant, with around 2.81 lakh shares exchanged. The stock has shown strong performance over the past four days, attracting considerable investor interest and participation.
Pondy Oxides & Chemicals Ltd, a small-cap player in the chemicals industry, has made headlines today as its stock hit the upper circuit limit, reaching an impressive intraday high of Rs 617.65. This marks a significant change of Rs 34.5, translating to a 6.14% increase from the previous close. The stock opened with a gain of 2.03% and has shown remarkable performance over the past four days, accumulating a total return of 20.53%.

The trading volume today was notable, with approximately 2.81 lakh shares exchanged, resulting in a turnover of Rs 16.59 crore. The stock's performance has outpaced its sector by 5.23%, reflecting strong investor interest. Additionally, the stock's delivery volume has increased by 55.71% compared to its five-day average, indicating rising participation from investors.

Despite being lower than the 50-day, 100-day, and 200-day moving averages, the stock remains above the 5-day and 20-day moving averages, suggesting a positive short-term trend. Overall, Pondy Oxides & Chemicals Ltd has demonstrated robust performance today, reinforcing its position in the market.
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