Cerebra Integrated Technologies Hits Lower Circuit Limit, Closes at Rs 8.84

Cerebra Integrated Technologies Ltd, a microcap player in the IT hardware sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 8.84, reflecting a decline of Rs 0.47 or 5.05% from the previous session. The stock's performance has been notably weak, underperforming its sector by 5.34% and marking a consecutive fall over the last two days, resulting in a total decline of 9.89% during this period.
Today's trading saw a total volume of approximately 0.12242 lakh shares, with a turnover of Rs 0.01082 crore. The stock's price band was set at 5%, with the intraday high matching the last traded price at Rs 8.84, while the low price also remained at Rs 8.84, indicating a lack of upward movement.

Cerebra's moving averages indicate that while the stock is above the 50-day, 100-day, and 200-day averages, it is below the 5-day and 20-day averages. Additionally, investor participation has waned, with delivery volume dropping by 90.53% compared to the 5-day average. Overall, Cerebra Integrated Technologies Ltd's performance today reflects ongoing challenges in the market.