Binani Industries Faces Trading Volatility Amid Mixed Long-Term Performance Trends

Apr 21 2025 11:00 AM IST
share
Share Via
Binani Industries Ltd, a microcap in the cement sector, faced notable trading activity as its stock reached the lower circuit limit. The stock maintained a steady price throughout the day, with increased investor participation reflected in delivery volume. Despite today's decline, it remains above key moving averages.
Binani Industries Ltd, a microcap player in the cement industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 21.95, reflecting a decline of Rs 1.16 or 5.02% from the previous session. The stock opened with a gap down, maintaining the same price throughout the trading day, and recorded an intraday low of Rs 21.95.

Total traded volume reached approximately 0.38324 lakh shares, resulting in a turnover of Rs 0.084 crore. Notably, Binani Industries underperformed its sector by 6.05%, marking a trend reversal after six consecutive days of gains. Despite today's downturn, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance in the context of longer-term trends.

Investor participation has shown a rise, with delivery volume increasing by 30.91% compared to the 5-day average. Overall, Binani Industries Ltd's performance today reflects a challenging market environment, with the stock's position warranting close observation in the coming sessions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News