This company’s share surge 15 percent amid positive market momentum | Check details here

The stock hit its 52-week high of Rs 33.80 on November 11, 2024 and 52-week low of Rs 14.02 on August 6, 2024. The market cap of the company is Rs 2,138 crore.

Shares of Motisons Jewellers Ltd surged over 15 per cent, riding on a wave of positive market momentum on Wednesday, i.e. on June 11, 2025. The counter opened gap up at Rs 19.99, marking a gain of 3.74 per cent from the previous close of Rs 19.27 on the BSE. The counter gained further to touch the intraday high of Rs 22.29, a significant jump of 15.69 per cent from the last closing price of the stock. Last seen, it held firm in green and was trading at Rs 21.79. On the National Stock Exchange (NSE) the counter started the session in green at Rs 19.28 and touched the intraday high of Rs 22.30.

The surge in the price comes amid a notable spike in trading volume, which increased by more than 6.74 times. Around 21.74 lakh shares changed hands today at the time of writing the story, a significant rise from the two-week average volume of 5.81 lakh.

The stock hit its 52-week high of Rs 33.80 on November 11, 2024 and 52-week low of Rs 14.02 on August 6, 2024. The market cap of the company is Rs 2,138 crore.

From a technical perspective, the stock is currently trading higher than its 5-day, 20-day, 50-day and 100-day moving averages, but lower than its 200-day moving average.

The stock’s 14-day relative strength index (RSI) is 67.12. The RSI is a momentum oscillator that measures the speed and change of price movements. A level above 70 is considered overbought or overvalued, which could indicate a potential price reversal. Conversely, a level below 30 is defined as oversold or undervalued, which could indicate a potential price increase.

Stock Split In 1:10 Ratio

Motisons Jewellers had announced a stock split of 1:10 in September last year. This means that for every share an investor held, they would receive 10 shares. Stock splits are often seen as a positive sign by investors, as they can make the stock more affordable and increase liquidity.

Stock Market Today

Meanwhile, equity benchmark indices Sensex and Nifty opened in the green today, tracking positive global cues amid US-China trade talks optimism and foreign fund inflows. The 30-share BSE Sensex rose 118.11 points to 82,509.83 in opening trade. The 50-share NSE Nifty went up by 33.3 points to 25,137.55.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng were trading in the positive territory. US markets ended higher on Tuesday.