Art Nirman Ltd Hits Lower Circuit Limit, Closes at Low Price of Rs 57.99
Art Nirman Ltd, a microcap in the realty sector, faced notable trading activity as its stock hit the lower circuit limit. The stock's performance was below the sector average, with a significant drop in delivery volume compared to recent averages, indicating a challenging trading environment.
Art Nirman Ltd, a microcap player in the realty sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 57.99, reflecting a decline of Rs 3.06 or 5.01% from the previous close. The stock's performance was notably below the sector average, underperforming by 4.42%.During the trading session, Art Nirman reached an intraday high of Rs 63.6 and a low of Rs 57.99, indicating a price band of 5%. The total traded volume was recorded at 0.0579 lakh shares, with a turnover of approximately Rs 0.0339 crore. Notably, the delivery volume on October 28 was 4.89 thousand shares, which marked a significant drop of 66.24% compared to the five-day average delivery volume.
In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, but below the 5-day moving average. Overall, Art Nirman Ltd's performance today reflects a challenging trading environment, with liquidity sufficient for trades of this size.
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