For the fourth day in a row, 63 Moons Technologies has hit the 5% upper circuit limit. The share price went up 5% to ₹390.00 on Thursday. The share reached its 52-week high on 11 December 2023 at Rs 690.75 and its 52-week low on 16 October 2023 at Rs 239.05.
This follows after Jignesh Shah, the promoter of 63 Moons, announced that the company had received a communication from the NSEL Investors Forum urging that the company and NSEL look into a one-time settlement to address the legal concerns resulting from payment default by defaulters on the NSEL platform.
The stock opened trading at the previous closing price and increased during the session to hit its current level, which also happens to be the high level of the day. Today’s trading volume reflects a high level of activity in 63 moons of shares.