Ashima Ltd Faces Increased Trading Activity Amid Significant Stock Performance Decline

Ashima Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 32.24, reflecting a decline of Rs 0.5 or 1.53% from the previous close. The stock's performance was notably below the sector average, underperforming by 2.15%.
During the trading session, Ashima reached an intraday high of Rs 33.0 and a low of Rs 31.1, indicating a price band of 5%. The total traded volume amounted to approximately 1.72 lakh shares, with a turnover of Rs 0.55 crore. Notably, the stock's delivery volume has seen a significant drop, falling by 65.28% compared to the 5-day average.

In terms of moving averages, Ashima's stock is currently above the 50-day, 100-day, and 200-day moving averages, but below the 5-day and 20-day averages. Overall, the stock's performance today reflects a challenging market position, with a 1D return of -2.23%. The current liquidity suggests that the stock remains accessible for trading, despite the recent downturn.