A B M International Ltd Hits Lower Circuit Limit at Rs 50.61 Amid Decline
A B M International Ltd, a microcap in the diversified consumer products sector, faced notable trading activity as its stock reached the lower circuit limit. The stock's performance lagged behind the sector, with a significant intraday trading range and mixed positioning relative to various moving averages.
A B M International Ltd, a microcap company in the diversified consumer products sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 50.61, reflecting a decline of Rs 2.67 or 5.01% from the previous session. The stock's performance today underperformed the sector, which saw a minimal decline of 0.10%.The intraday trading range for A B M International was between a high of Rs 53.25 and a low of Rs 50.61, indicating a notable drop towards the lower end of this spectrum. The total traded volume was approximately 0.00058 lakh shares, resulting in a turnover of Rs 0.000298294 crore.
In terms of moving averages, the stock is currently positioned higher than the 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages. This suggests a mixed performance in the short to medium term. Overall, A B M International's stock has shown a 1D return of -5.01%, reflecting the challenges faced in today's trading environment.
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