A B M International Ltd Hits Lower Circuit Limit at Rs 47.5, Declines 5%

A B M International Ltd, a microcap company in the diversified consumer products industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 47.5, reflecting a decline of Rs 2.5 or 5.0% from the previous session. The stock's performance was notably below the sector average, underperforming by 5.23%.
During the trading session, A B M International reached an intraday high of Rs 50.25 and a low of Rs 47.5, indicating a price band of 5%. The total traded volume was approximately 0.00172 lakh shares, resulting in a turnover of Rs 0.000819924 crore. Notably, the delivery volume on October 16 was zero, marking a 100% decline compared to the five-day average delivery volume, suggesting a significant drop in investor participation.

In terms of moving averages, the stock is currently higher than the 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages. Overall, A B M International's performance today reflects a challenging market position, with liquidity remaining adequate for trading activities.