Aeroflex Neu Ltd Hits Lower Circuit Limit with Stock Closing at Rs 72.84

Aeroflex Neu Ltd, a microcap company in the packaging industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price was Rs 72.84, reflecting a substantial decline of Rs 18.21 or 20% from the previous close. The stock reached an intraday high of Rs 93.24 but fell sharply to a low of Rs 72.84, indicating high volatility with an intraday fluctuation of 21.79%.
Total traded volume for the day was approximately 2.85 lakh shares, resulting in a turnover of around Rs 2.17 crore. The stock has underperformed its sector by 19.72% and has seen consecutive losses over the past two days, with a total decline of 20.09% during this period. Additionally, Aeroflex Neu is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a downward trend in its performance.

Investor participation appears to be waning, with delivery volume decreasing by 10.56% compared to the 5-day average. Overall, Aeroflex Neu's performance today underscores a challenging market position amid heightened volatility and declining investor interest.