TARC Ltd Achieves Upper Circuit Limit Amid Strong Market Activity and Positive Momentum
TARC Ltd, a small-cap construction and real estate company, reached its upper circuit limit today, with significant trading volume and notable gains over the past two days. The stock has outperformed its sector and is currently above several moving averages, indicating strong market activity and positive momentum.
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 170.03, reflecting a notable increase of 9.99% from its previous trading session. This surge comes as TARC recorded a change of Rs 8.32, translating to a percentage change of 5.38%.The stock has demonstrated strong performance, outperforming its sector by 3.88% and achieving a 1D return of 3.47%. Over the past two days, TARC has shown a consecutive gain, accumulating a total return of 11.05%. The trading volume today was substantial, with 14.19 lakh shares exchanged, resulting in a turnover of approximately Rs 23.17 crore.
The stock has traded within a wide range of Rs 18.04, indicating significant market activity. Additionally, TARC's weighted average price suggests that more volume was traded closer to its low price of Rs 151.99. The stock's performance metrics indicate it is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average.
In summary, TARC Ltd's strong performance today highlights its active market presence and positive momentum within the construction and real estate industry.
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