HMT Ltd Faces Trading Challenges as Stock Hits Lower Circuit Limit
HMT Ltd, a small-cap in the Industrial Manufacturing sector, faced notable trading activity as its stock hit the lower circuit limit, closing at Rs 57.1. The stock's performance was below the sector average, with a total traded volume of approximately 0.11271 lakh shares during the session.
HMT Ltd, a small-cap player in the Industrial Manufacturing sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 57.1, reflecting a decline of Rs 3.0 or 4.99% from the previous session. The stock's performance was notably below the sector average, underperforming by 1.25%.During the trading session, HMT's stock reached an intraday high of Rs 60.5 and a low of Rs 57.09, indicating a price band of 5%. The total traded volume was approximately 0.11271 lakh shares, resulting in a turnover of Rs 0.065 crore.
Despite the recent downturn, the stock has shown some resilience, having gained after four consecutive days of decline. However, it remains below key moving averages, being higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day averages.
In summary, HMT Ltd's stock faced downward pressure today, hitting its lower circuit limit, with overall performance reflecting a challenging trading environment.
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