Sutlej Textiles Sees Surge in Trading Activity Amid Mixed Market Conditions

Apr 02 2025 10:00 AM IST
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Sutlej Textiles and Industries Ltd has seen heightened trading activity, reaching its upper circuit limit at Rs 35.05. The stock recorded a notable increase with a trading volume of approximately 0.27808 lakh shares. However, it remains below key moving averages, indicating a divergence from longer-term trends.
Sutlej Textiles and Industries Ltd, a microcap player in the textile industry, has experienced significant trading activity today, hitting its upper circuit limit with a high price of Rs 35.05. The stock recorded a change of Rs 1.66, reflecting a percentage increase of 4.97%. The trading session saw a total volume of approximately 0.27808 lakh shares, resulting in a turnover of Rs 0.09666 crore.

Despite the positive movement, Sutlej Textiles is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a divergence from longer-term trends. Additionally, the stock has seen a decline in investor participation, with delivery volume dropping by 39% compared to the 5-day average.

In terms of liquidity, Sutlej Textiles remains accessible for trading, with a liquidity level based on 2% of the 5-day average traded value sufficient for transactions of Rs 0.01 crore. Overall, the stock's performance today aligns with sector trends, showcasing a notable uptick amidst a mixed market environment.
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