Aksh Optifibre Faces Increased Trading Activity Amid Market Challenges
Aksh Optifibre Ltd, a microcap in the cable sector, faced notable trading activity as its stock hit the lower circuit limit, closing at Rs 9.58. The stock recorded a significant decline, with increased investor participation and delivery volume, indicating a challenging market environment.
Aksh Optifibre Ltd, a microcap player in the cable industry, experienced significant trading activity today as the stock hit its lower circuit limit, closing at a low price of Rs 9.58. The stock recorded a change of -0.51, reflecting a decline of 5.05% from the previous trading session. During the day, Aksh Optifibre reached an intraday high of Rs 10.18 and a low of Rs 9.58, with a total traded volume of approximately 4.06 lakh shares, resulting in a turnover of Rs 0.39 crore. The stock has underperformed its sector by 2.91% and has seen a consecutive decline over the last two days, accumulating a total drop of 9.04% in that period.
In terms of moving averages, the stock is currently higher than its 50-day and 200-day averages but lower than its 5-day, 20-day, and 100-day averages. Notably, investor participation has seen a rise, with delivery volume increasing by 10.83% compared to the 5-day average.
Overall, Aksh Optifibre's performance today reflects a challenging market environment, with the stock's position warranting close observation.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
