Zinka Logistics Solutions Hits Upper Circuit Limit Amid High Volatility and Trading Activity

Apr 23 2025 02:00 PM IST
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Zinka Logistics Solutions Ltd experienced significant trading activity today, reaching an intraday high and outperforming its sector. The stock showed high volatility with a notable fluctuation range and substantial trading volume. Despite this, delivery volume decreased, suggesting a decline in investor participation amid the positive performance.
Zinka Logistics Solutions Ltd, a mid-cap player in the logistics industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 438.4. This marks a significant change of Rs 36.65, translating to a 9.2% increase from the previous close. The stock's performance today has notably outperformed its sector by 9.05%, indicating a positive shift after three consecutive days of decline.

Throughout the trading session, Zinka Logistics exhibited high volatility, with an intraday fluctuation of 5.01%. The stock traded within a wide range of Rs 42.15, with a last traded price of Rs 435.2. Total traded volume reached approximately 5.3 lakh shares, contributing to a turnover of Rs 22.06 crore.

Additionally, Zinka Logistics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend. However, it is worth noting that delivery volume has decreased by 48.91% compared to the 5-day average, indicating a decline in investor participation.

In summary, Zinka Logistics Solutions Ltd has demonstrated robust performance today, highlighted by its upper circuit limit achievement and strong trading metrics.
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