Cyber Media (India) Ltd Hits Lower Circuit Limit with Intraday Low of Rs 17.4
Cyber Media (India) Ltd, a microcap in the Media & Entertainment sector, faced notable trading activity today, hitting its lower circuit limit. The stock has shown a downward trend, underperforming its sector, with a significant drop in investor participation and delivery volume compared to recent averages.
Cyber Media (India) Ltd, a microcap player in the Media & Entertainment sector, has experienced significant trading activity today, notably hitting its lower circuit limit. The stock's last traded price stood at Rs 18.69, reflecting a change of Rs 0.37, or a percentage change of 2.02%. The stock reached an intraday high of Rs 18.75 and a low of Rs 17.40, indicating a price band of 5%.Today's trading volume was recorded at approximately 0.25066 lakh shares, with a turnover of Rs 0.0438 crore. The stock has been on a downward trend, underperforming its sector by 1.83% and showing a consecutive decline over the past three days, resulting in a total drop of 5.54% during this period.
In terms of moving averages, Cyber Media's stock is currently above the 20-day, 50-day, and 100-day averages but below the 5-day and 200-day averages. Additionally, investor participation has notably decreased, with delivery volume plummeting by 91.34% compared to the 5-day average.
Overall, Cyber Media (India) Ltd's performance today reflects ongoing challenges, as evidenced by its recent price movements and trading metrics.
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