Art Nirman Ltd Faces Trading Challenges Amid Declining Delivery Volumes and Sector Underperformance
Art Nirman Ltd, a microcap in the realty sector, faced notable trading activity, reaching its lower circuit limit and closing at Rs 58.0. The stock's performance lagged behind the sector average, with a significant drop in delivery volume and fluctuating intraday prices.
Art Nirman Ltd, a microcap player in the realty sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 58.0, reflecting a decline of Rs 2.95 or 4.84% from the previous session. The stock's performance was notably below the sector average, underperforming by 3.36%.During the trading session, Art Nirman reached an intraday high of Rs 60.9 and a low of Rs 57.9, indicating a price band of 5%. The total traded volume was approximately 0.03055 lakh shares, resulting in a turnover of Rs 0.0178 crore. Notably, the stock's delivery volume has seen a drastic decline, with no deliveries recorded on June 20, marking a 100% drop compared to the five-day average.
In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day averages, but below the 5-day average. Overall, Art Nirman Ltd's performance today reflects a challenging trading environment, with liquidity remaining adequate for small trade sizes.
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