Ankit Metal & Power Faces Trading Surge Amid Lower Circuit Limit Activity

Jul 03 2025 10:00 AM IST
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Ankit Metal & Power Ltd, a microcap in the Ferrous Metals sector, faced notable trading activity as it reached its lower circuit limit. The stock recorded a last traded price of Rs 2.05, with a total volume of approximately 0.14487 lakh shares. Its performance indicates a complex market scenario.
Ankit Metal & Power Ltd, a microcap player in the Ferrous Metals industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price (LTP) was recorded at Rs 2.05, reflecting a minor change of Rs 0.02, or 0.99%. The stock's performance was marked by a low price of Rs 1.92, which contributed to the circuit limit being reached.

Throughout the trading session, Ankit Metal & Power saw a total traded volume of approximately 0.14487 lakh shares, resulting in a turnover of Rs 0.002911887 crore. The stock's price band was noted at 5%, indicating the maximum allowable price fluctuation for the day. Despite hitting the lower circuit, the stock has shown resilience, outperforming its sector by 0.26% and achieving a 4.59% gain over the last two days.

In terms of moving averages, the stock is currently above its 5-day moving average but below the longer-term averages of 20, 50, 100, and 200 days. The liquidity remains adequate for trading, with delivery volume showing a slight increase against the 5-day average. Overall, Ankit Metal & Power's performance today reflects a complex market scenario, with notable activity surrounding its lower price threshold.
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