Arshiya Ltd Faces Downward Pressure Amid Decreased Investor Participation and Trading Activity

Arshiya Ltd, a microcap player in the Transport Services industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 2.54, reflecting a decline of Rs 0.14 or 5.22% from the previous close. The stock's performance was notably below the sector average, underperforming by 4.07%. During the trading session, Arshiya reached an intraday high of Rs 2.78 and a low of Rs 2.54, indicating a price band of 5%. The total traded volume amounted to approximately 2.17 lakh shares, with a turnover of Rs 0.0558 crore. The stock has shown a trend reversal, falling after two consecutive days of gains. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by 20.85% compared to the 5-day average. In summary, Arshiya Ltd's stock has faced downward pressure today, reflecting broader market challenges and a shift in trading dynamics.