Astron Paper & Board Mill Ltd Hits Lower Circuit Limit at Rs 11.43

Astron Paper & Board Mill Ltd, operating in the Paper, Forest & Jute Products industry, has experienced significant activity today as its stock hit the lower circuit limit. The last traded price (LTP) stands at Rs 11.43, reflecting a decline of Rs 0.61 or 5.07% from the previous session. The stock's performance has been notably weak, underperforming its sector by 4.49% and marking a consecutive decline over the past three days, with a total drop of 12.01% during this period.
The stock reached an intraday high of Rs 12.27 and a low of Rs 11.43, indicating a price band of 5%. Total traded volume amounted to approximately 1.58 lakh shares, resulting in a turnover of Rs 0.18 crore. Furthermore, Astron Paper is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a persistent downward trend.

Investor participation appears to be waning, with delivery volume dropping by 57.76% compared to the 5-day average. Overall, the stock's performance today underscores ongoing challenges within the market context, reflecting broader trends affecting investor sentiment.