Akshar Spintex Ltd Shows Resilience Amidst Declining Investor Participation in Textile Sector

Apr 03 2025 10:01 AM IST
share
Share Via
Akshar Spintex Ltd, a microcap in the textile sector, reached its upper circuit limit today, with significant trading activity and a notable price increase. The stock has shown consistent gains over the past three days, despite a decline in investor participation and delivery volume.
Akshar Spintex Ltd, a microcap player in the textile industry, has experienced significant trading activity today, hitting its upper circuit limit with a high price of Rs 0.54. The stock recorded a change of Rs 0.02, reflecting a percentage increase of 3.85%. This performance is notable as it outperformed its sector by 4.03%, showcasing a strong market position amidst broader market trends.

Throughout the trading session, Akshar Spintex saw a total traded volume of approximately 2.9449 lakh shares, resulting in a turnover of Rs 0.0156 crore. The stock has shown consistent gains over the past three days, accumulating a total return of 12% during this period.

In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages. However, it is worth noting that investor participation has declined, with delivery volume dropping by 68.09% compared to the 5-day average.

Overall, Akshar Spintex Ltd's performance today highlights its resilience in the textile sector, marked by a notable price movement and trading activity.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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
PVV Infra Ltd is Rated Hold by MarketsMOJO
6 minutes ago
share
Share Via
Minaxi Textiles Ltd is Rated Sell
6 minutes ago
share
Share Via
Incap Ltd is Rated Strong Sell
6 minutes ago
share
Share Via
Manugraph India Ltd is Rated Strong Sell
6 minutes ago
share
Share Via
Morarka Finance Ltd is Rated Strong Sell
6 minutes ago
share
Share Via