Hardwyn India Ltd Faces Trading Challenges Amidst Declining Stock Performance

Mar 10 2025 11:00 AM IST
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Hardwyn India Ltd, a microcap in the Aluminium sector, faced notable trading activity as its stock hit the lower circuit limit. The stock's performance lagged behind sector benchmarks, with a significant decline over the past two days. It is currently trading below key moving averages, indicating market challenges.
Hardwyn India Ltd, a microcap player in the Aluminium & Aluminium Products industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 12.69, reflecting a decline of Rs 0.21 or 1.63% from the previous session. The stock's performance was notably below sector benchmarks, underperforming by 2.1%.

During the trading session, Hardwyn India reached an intraday high of Rs 12.91 and a low of Rs 12.25, indicating a price band of 5%. The total traded volume was approximately 0.64241 lakh shares, resulting in a turnover of Rs 0.0803 crore. Over the past two days, the stock has shown a consecutive decline, with a total drop of 3.64%.

In terms of moving averages, Hardwyn India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, highlighting a challenging market position. Despite a slight increase in delivery volume, the stock's liquidity remains adequate for trading activities.

Overall, Hardwyn India Ltd's performance today underscores ongoing challenges in the market, as reflected in its recent trading patterns and metrics.
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