Vibhor Steel Tubes Ltd Achieves Significant Trading Activity Amid Market Volatility

Mar 19 2025 11:00 AM IST
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Vibhor Steel Tubes Ltd, a microcap in the Steel industry, reached its upper circuit limit today, with significant intraday activity. The stock experienced a wide price range and notable trading volume, reflecting a strong performance that outpaced the sector. It remains above its short-term moving averages.
Vibhor Steel Tubes Ltd, a microcap company in the Steel/Sponge Iron/Pig Iron industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 155.83, reflecting a significant change of Rs 25.97, or a 20% increase. This performance has outpaced the sector by 18.34%, marking a strong day for the company.

Throughout the trading session, Vibhor Steel Tubes experienced a wide price range of Rs 24.83, with a low of Rs 131.00. The total traded volume was approximately 0.71344 lakh shares, resulting in a turnover of Rs 1.03 crore. The stock has been on a positive trajectory, gaining 24.12% over the last two days.

Despite the day's volatility, with an intraday fluctuation of 8.07%, the stock's performance remains noteworthy. It is currently trading above its 5-day and 20-day moving averages, although it is below the longer-term moving averages. Overall, Vibhor Steel Tubes Ltd has demonstrated strong performance metrics today, reflecting its position in the market.
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