Emkay Global Financial Services Stock Hits Lower Circuit Limit at Rs 341.59

Emkay Global Financial Services Ltd, a microcap player in the capital markets sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price (LTP) was Rs 344.12, reflecting a notable decline of Rs 35.43 or 9.33% from the previous close. The stock opened with a gap down of 2.52% and reached an intraday low of Rs 341.59, marking a decrease of 9.89% during the session.
The total traded volume for the day was approximately 2.81 lakh shares, resulting in a turnover of nearly Rs 9.96 crore. Despite the downturn, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a complex performance trend.

Today's performance saw Emkay Global underperforming its sector by 8.89%, with a high volatility rate of 5.21%. The stock's liquidity remains adequate for trading, with delivery volumes showing a significant increase of 61.94% compared to the 5-day average. Overall, Emkay Global Financial Services Ltd's performance today reflects a challenging market environment, with the stock's recent trend reversal contributing to its current position.