Ginni Filaments Faces Trading Challenges Amid Significant Volume Decline

Ginni Filaments 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 (LTP) was recorded at Rs 49.55, reflecting a decline of Rs 0.47, or 0.94%, from the previous session. The stock's performance was notably impacted by its low price of Rs 47.51, which marked the intraday low.
The stock's price band was set at 5%, indicating a constrained trading range. During the trading session, Ginni Filaments reached a high of Rs 51.4, but ultimately closed lower. The total traded volume was approximately 0.09071 lakh shares, with a turnover of Rs 0.044 crore.

Despite the downturn, Ginni Filaments outperformed its sector, which saw a 1D return of -0.56%, while the stock itself recorded a 1D return of -2.34%. Additionally, the stock's delivery volume has seen a significant decline, dropping by 50.99% compared to the 5-day average.

In summary, Ginni Filaments Ltd's stock faced downward pressure today, hitting its lower circuit limit, with key metrics indicating a challenging trading environment.