Bodhi Tree Multimedia Faces Trading Surge Amid Broader Sector Decline
Bodhi Tree Multimedia Ltd, a microcap in the TV Broadcasting & Software sector, faced significant trading activity as its stock hit the lower circuit limit, closing at Rs 8.51. The stock's performance today marked a reversal after four days of gains, amid a broader sector decline.
Bodhi Tree Multimedia Ltd, a microcap player in the TV Broadcasting & Software industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 8.51, reflecting a decline of Rs 0.95 or 10.04% from the previous close. The stock's performance today underperformed the sector, which saw a decline of 3.9%.The trading session recorded a total volume of approximately 9.43 lakh shares, resulting in a turnover of around Rs 0.82 crore. The stock reached an intraday high of Rs 9.80 and a low of Rs 8.51, indicating a price band of 10%. Notably, the stock has fallen after four consecutive days of gains, suggesting a trend reversal.
In terms of moving averages, Bodhi Tree Multimedia's stock is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day averages. The stock's delivery volume on April 4 was 13.1 lakh shares, marking a 56.28% increase compared to the 5-day average delivery volume, indicating rising investor participation.
Overall, Bodhi Tree Multimedia's stock performance today reflects a challenging market environment, with notable declines in both the stock and the broader sector.
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