Creative Eye Ltd Faces Trading Challenges Amid Declining Investor Engagement

Creative Eye Ltd, a microcap company in the Media & Entertainment sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 7.89, reflecting a decline of Rs 0.42 or 5.05% from the previous session. The stock's performance today underperformed the sector, which saw a minor decline of 0.15%.
The price band for Creative Eye is set at 5%, with the intraday high reaching Rs 7.94 and the low at Rs 7.89. Total traded volume amounted to approximately 0.16345 lakh shares, resulting in a turnover of Rs 0.012896205 crore. Notably, the stock's delivery volume has seen a significant drop, falling by 56.28% compared to the 5-day average, indicating a decrease in investor participation.

In terms of moving averages, Creative Eye's stock is currently above the 50-day, 100-day, and 200-day averages but below the 5-day and 20-day averages. Overall, the stock's performance today highlights a challenging trading environment, with a notable decline in both price and investor engagement.