Vardhman Polytex Ltd Shows Resilience Amidst Broader Textile Sector Decline

Apr 03 2025 10:00 AM IST
share
Share Via
Vardhman Polytex Ltd, a microcap textile company, reached its upper circuit limit today, with significant trading activity and a notable price increase. Despite a decline in investor participation, the stock outperformed its sector and showed resilience, surpassing its short-term moving averages.
Vardhman Polytex Ltd, a microcap player in the textile industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 9.38. The stock experienced a positive change of Rs 0.44, reflecting a percentage increase of 4.92%. This performance outpaced the sector, which recorded a decline of 0.81% on the same day.

The stock's trading volume reached approximately 2.36 lakh shares, contributing to a turnover of Rs 0.22 crore. Notably, Vardhman Polytex's performance today was higher than its 5-day and 20-day moving averages, although it remains below the longer-term averages of 50, 100, and 200 days.

Despite a decline in investor participation, with delivery volume dropping by 64.53% compared to the 5-day average, the stock remains liquid enough for trades of Rs 0.01 crore, based on 2% of the 5-day average traded value.

In summary, Vardhman Polytex Ltd's strong performance today highlights its resilience in the textile sector, with a notable intraday return of 4.90%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News