Century Extrusions Ltd Stock Hits Lower Circuit Limit at Rs 30.02 Amid Decline
Century Extrusions Ltd, a microcap in the Industrial Products sector, faced notable trading activity, hitting its lower circuit limit and closing at Rs 30.02. The stock has seen a decline over the past two days, with a significant drop in investor participation and delivery volume.
Century Extrusions Ltd, a microcap player in the Industrial Products sector, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 30.02, reflecting a decline of Rs 1.59 or 5.03% from the previous trading session. This marks a continuation of a downward trend, with the stock having lost 9.8% over the last two days.During today's trading, Century Extrusions opened with a gap down of 3.13% and reached an intraday low of Rs 30.02. The total traded volume was approximately 0.82639 lakh shares, resulting in a turnover of Rs 0.248578112 crore. Notably, the stock has underperformed its sector by 5.39%, while the broader market, represented by the Sensex, showed a modest gain of 0.41%.
Despite trading above its longer-term moving averages, Century Extrusions has seen a significant drop in investor participation, with delivery volume plummeting by 92.32% compared to the five-day average. Overall, the stock's performance today underscores a challenging environment for Century Extrusions as it navigates through recent market pressures.
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