Reliance Home Finance Hits Upper Circuit Limit Amid Increased Investor Activity

Apr 02 2025 12:00 PM IST
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Reliance Home Finance Ltd experienced notable trading activity, hitting its upper circuit limit with a significant increase in stock price. The company outperformed its sector, with robust trading volume and a marked rise in investor participation. Its performance indicates a strong market position within the microcap segment.
Reliance Home Finance Ltd, operating in the Finance - Housing sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 3.36, reflecting a change of Rs 0.16, which translates to a 5.0% increase. The stock's performance today outpaced its sector, outperforming by 4.63%.

Trading activity was robust, with a total traded volume of approximately 16.31 lakh shares and a turnover of Rs 0.53 crore. The stock's price band was noted at 5%, indicating a strong upward movement within the trading session. The intraday low was recorded at Rs 3.09, showcasing the stock's volatility during the day.

In terms of moving averages, Reliance Home Finance is currently above its 50-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 100-day averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 24.12% compared to the 5-day average.

Overall, Reliance Home Finance Ltd's performance today highlights its strong market position and active trading environment, reflecting positive momentum in the microcap segment.
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