Essen Speciality Films Hits Lower Circuit Limit with Stock Price at Rs 282.75

Essen Speciality Films Ltd, a microcap player in the diversified consumer products sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 282.75, reflecting a notable decline of Rs 14.85, or 4.99%, from the previous close. The stock's performance was marked by a low price of Rs 282.75, which coincided with a new 52-week low of Rs 283.3 reached during the session.
The stock traded within a price band of 5%, with an intraday high of Rs 294.6. Total traded volume reached approximately 3.48 lakh shares, resulting in a turnover of nearly Rs 9.92 crore. Notably, Essen Speciality Films underperformed its sector, which saw a marginal gain of 0.07%, while the broader Sensex index rose by 0.24%.

The stock's moving averages indicate a downward trend, as it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has declined, with delivery volume dropping significantly by 71.09% compared to the 5-day average. Overall, the stock's performance today highlights ongoing challenges within the market context.