TARC Ltd Shows Resilience with Strong Stock Performance Amid Market Decline

TARC Ltd, a small-cap player in the construction and real estate sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 129.28, reflecting a notable increase of 4.99% from the previous close. This performance stands out as TARC outperformed its sector, which saw a decline of 2.66%, and the broader Sensex, which fell by 1.16%.
The trading activity for TARC was robust, with a total traded volume of approximately 2.82 lakh shares, resulting in a turnover of around Rs 3.61 crore. The stock's last traded price (LTP) also aligns with its strong performance metrics, as it remains above its 5-day, 20-day, and 50-day moving averages, although it is below the 100-day and 200-day averages.

Despite a decrease in delivery volume, which fell by 42.86% compared to the 5-day average, TARC's liquidity remains adequate for trading. Overall, TARC Ltd's performance today highlights its resilience in a challenging market environment, showcasing a significant upward movement in its stock price.