Arrow Greentech Faces Increased Trading Activity Amid Ongoing Price Decline
Arrow Greentech Ltd, a microcap in the plastic products sector, is facing notable trading activity, hitting a lower circuit. The stock has declined over the past six days, with increased investor participation reflected in a rise in delivery volume. It is currently trading below key moving averages.
Arrow Greentech Ltd, a microcap player in the plastic products industry, is experiencing significant trading activity today, hitting a lower circuit. The stock's last traded price stands at Rs 497.00, reflecting a decline of Rs 15.25 or 2.98%. The stock opened with a gap down of 2.74% and has been on a downward trajectory for the past six days, accumulating a total loss of 16.24% during this period.Today, Arrow Greentech reached an intraday low of Rs 491.50, marking a decrease of 5.12%. The stock's performance has underperformed its sector by 3.06%. The trading volume today is approximately 0.31316 lakh shares, resulting in a turnover of Rs 1.56 crore.
In terms of price metrics, the stock has a year high of Rs 1,099.00 and a year low of Rs 335.05. Currently, Arrow Greentech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Notably, there has been a rise in investor participation, with delivery volume increasing by 20.03% compared to the 5-day average.
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