Astron Paper Hits Lower Circuit Limit, Closing at Rs 12.34 Amid Decline

Astron Paper & Board Mill Ltd, operating in the Paper, Forest & Jute Products industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 12.34, reflecting a decline of Rs 0.65 or 5.0% from the previous close. The stock's performance was notably below the sector average, underperforming by 3.96%.
During the trading session, Astron Paper reached an intraday high of Rs 13.25 and a low of Rs 12.34, indicating a price band of 5%. The total traded volume amounted to approximately 2.69926 lakh shares, resulting in a turnover of Rs 0.336 crore.

In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a challenging market position. Additionally, there was a notable increase in delivery volume, with 1.35 lakh shares delivered on October 3, reflecting a 4.3% rise compared to the 5-day average.

Overall, Astron Paper & Board Mill's stock performance today highlights a significant downturn, with the company facing liquidity challenges and trading below key moving averages.