Sundaram Brake Linings Ltd Hits Upper Circuit, Signaling Strong Market Activity

Apr 03 2025 03:00 PM IST
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Sundaram Brake Linings Ltd, a microcap in the Auto Ancillary sector, reached its upper circuit limit today, with an intraday high of Rs 804.85. The stock has gained significantly over the past three days and shows strong market activity, despite a decline in delivery volume.
Sundaram Brake Linings Ltd, a microcap player in the Auto Ancillary sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 804.85, reflecting a 5% increase from the previous close. This performance marks a significant milestone as the stock has gained 9.58% over the last three days, outperforming its sector by 5.91%.

The last traded price stands at Rs 804.85, with a total traded volume of approximately 0.01431 lakh shares and a turnover of Rs 0.1136 crore. The stock's intraday low was recorded at Rs 748.05, indicating a range of movement throughout the trading session.

In terms of technical indicators, Sundaram Brake Linings is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, the stock has experienced a decline in delivery volume, which has fallen by 83.58% compared to the 5-day average.

Overall, Sundaram Brake Linings Ltd's performance today highlights its strong market position and recent upward momentum, reflecting a positive trend in its trading activity.
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