Stocks of Sunil Hitech Engineers are buzzing on bourses in Friday’s session. The stock has rallied nearly 10% on an intraday basis, and is the top gainer in the BSE Small-cap index.
The stock as of 10.55 am on Friday, is trading at Rs 11.45 per share breaching its upper circuit, up by Rs 1 per share or 9.6%. It witnessed a spurt in volume by over 4.1 times.
An upward movement over the threshold limit, causes a stock to enter the upper circuit. Similarly, a downward movement in stock price beyond the threshold limit, causes a stock to enter a lower circuit.
The stock has delivered returns of 6.2% in a period of one year, underperforming the BSE Small-cap and the BSE Capital Goods indices over the same time span. Sunil Hitech Engineers Ltd is currently trading at Rs 11.36, up by Rs 0.95 or 9.13% from its previous closing of Rs 10.41 on the BSE.
The scrip opened at Rs 10.35 and has touched a high and low of Rs 11.45 and Rs 10.35 respectively. So far 4972157(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 393.5 crore.
The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 23.43 on 20-Oct-2016 and a 52 week low of Rs 7.75 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 11.35 and Rs 10.2 respectively.
The promoters holding in the company stood at 35.37 % while Institutions and Non-Institutions held 0.19 % and 64.44 % respectively. The stock is currently trading below its 200 DMA.