VARDHMAN TEXTILES LTD LCP 1039.40 Rs
Vardhman Textiles adds Rs1.6 billion (US$22.7 million) in MCap, top heavyweight rise in Textiles sector
Vardhman Textiles Limited (NSE:VTL), India's 3rd largest Textiles company by market cap, has lifted Rs28.05 (2.8%) from its previous trading session to close at Rs1,039.40. Compared with the BSE SENSEX Index which fell 416.5 points (1%) in the day, the relative price increase was 3.8%. The volume was 0.5 times the average daily trading volume of 18,961 shares. It posted the highest rise in MCap with the most influence on the Textiles sector. There were 8,702 shares worth Rs9 million (US$126,221) traded today. Today the stock traded between its 188-day high of Rs1,045.0 and three-day low of Rs1,011.35.
Technical indicators complementing today's significant uptrend:
+ The positive 23.02 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ In the last one month the stock has hit a new 52-week high thrice, pointing to a significant uptrend.
+ The price climbed 4.6% in the last week and soared 15.3% in the last month.