Tijaria Polypipes Ltd Shows Resilience with Strong Market Performance Amid Sector Decline

Apr 03 2025 10:01 AM IST
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Tijaria Polypipes Ltd, a microcap in the plastic products sector, reached its upper circuit limit today, with a notable price increase. The stock exhibited fluctuations throughout the trading day and has shown consistent gains over the past three days, reflecting its strong market position despite reduced investor participation.
Tijaria Polypipes Ltd, a microcap player in the plastic products industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 5.65, reflecting a notable change of Rs 0.26, or 4.82%, from the previous trading session. This performance stands out as Tijaria Polypipes outperformed its sector, which recorded a slight decline of 0.26%.

Throughout the trading day, the stock fluctuated between a low of Rs 5.55 and the aforementioned high, with a total traded volume of approximately 0.10211 lakh shares, resulting in a turnover of Rs 0.005728371 crore. Tijaria Polypipes has shown consistent gains over the past three days, accumulating a total return of 15.37% during this period.

In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day averages. Despite a decline in investor participation, with delivery volume dropping significantly, Tijaria Polypipes continues to demonstrate liquidity sufficient for trading activities.

Overall, Tijaria Polypipes Ltd's performance today highlights its strong market position within the plastic products sector, showcasing resilience amid varying market conditions.
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