Flexituff Ventures Faces Turbulent Trading Day Amid High Volatility and Declining Investor Interest
Flexituff Ventures International Ltd, a microcap in the Garments & Apparels sector, faced notable trading activity, hitting its lower circuit limit. The stock closed lower after an intraday high, exhibiting high volatility with significant fluctuations. It remains above some moving averages, indicating a turbulent market sentiment.
Flexituff Ventures International Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 33.46, reflecting a decline of Rs 1.52 or 4.35% from the previous trading session. Notably, the stock reached an intraday low of Rs 33.23, marking a 5% drop during the day.The trading session saw a total volume of approximately 0.02771 lakh shares, resulting in a turnover of Rs 0.00933827 crore. Flexituff Ventures opened the day with a gain of 4.92%, reaching a high of Rs 36.7 before reversing course. The stock has shown high volatility, with an intraday fluctuation of 8.77%, and has traded within a wide range of Rs 3.47 today.
Despite the day's challenges, the stock remains above its 20-day and 50-day moving averages, although it is below the 5-day, 100-day, and 200-day averages. The performance today underperformed the sector by 4.59%, indicating a notable shift in market sentiment. Overall, Flexituff Ventures International's trading activity reflects a turbulent day in the market, with significant movements and a marked decline in investor participation.
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