Flexituff Ventures Faces Trading Volatility Amid Broader Sector Challenges
Flexituff Ventures International Ltd, a microcap in the Garments & Apparels sector, faced notable trading activity as its stock hit the lower circuit limit. The stock exhibited significant volatility, with a total traded volume of approximately 0.38764 lakh shares and an increase in delivery volume compared to recent averages.
Flexituff Ventures International Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 27.01, reflecting a decline of Rs 1.43 or 5.03% from the previous close. The stock's performance was marked by a total traded volume of approximately 0.38764 lakh shares, resulting in a turnover of Rs 0.1069 crore.The stock reached an intraday high of Rs 29.25 and a low of Rs 27.01, indicating notable volatility within the trading session. Flexituff's price band was set at 5%, which aligns with the observed downward movement. In terms of moving averages, the stock is currently higher than its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day averages.
Despite the challenges faced today, the stock's delivery volume has shown a rise, with a delivery volume of 44.77k on September 4, up by 28.39% compared to the 5-day average. Overall, Flexituff Ventures International's performance today reflects a challenging market environment, consistent with broader sector trends.
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