Viji Finance Ltd Experiences Notable Rebound Amid Increased Investor Activity
Viji Finance Ltd experienced notable trading activity today, hitting its upper circuit limit after seven days of decline. The stock's last traded price was 2.13, with increased investor participation and a rise in delivery volume. This performance indicates a significant shift in market dynamics for the microcap finance company.
Viji Finance Ltd, a microcap player in the Finance/NBFC sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 2.19, reflecting a change of 0.04, or an increase of 1.91%. This performance marks a notable trend reversal, as Viji Finance has gained after seven consecutive days of decline.The stock's last traded price (LTP) stands at 2.13, with a price band of 5%. The intraday low was recorded at 1.99, while total traded volume reached approximately 0.80165 lakh, resulting in a turnover of around 0.01667432 crore. Notably, Viji Finance outperformed its sector by 4.57%, contrasting with the sector's 1D return of -1.85% and the Sensex's decline of 1.32%.
Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a rise in investor participation, with delivery volume increasing by 7.11% compared to the 5-day average. Overall, Viji Finance Ltd's performance today highlights a significant rebound in activity, reflecting a shift in market dynamics.
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