IZMO Ltd Hits Lower Circuit Limit with Intraday Low of Rs 943.5
IZMO Ltd, a microcap in the Computers - Software & Consulting sector, faced significant trading activity as its stock hit the lower circuit limit, closing at Rs 944.0. The stock has seen a decline over the past two days and lower trading volumes, indicating ongoing market challenges.
IZMO Ltd, a microcap company in the Computers - Software & Consulting industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price was Rs 944.0, reflecting a notable decline of Rs 49.1 or 4.94% from the previous close. The stock opened with a gap down of 3.23% and reached an intraday low of Rs 943.5, marking a decrease of 4.99% during the session.Total traded volume amounted to approximately 0.95075 lakh shares, resulting in a turnover of Rs 9.065 crore. The stock has underperformed its sector by 5.23% and has seen a consecutive decline over the last two days, with a total drop of 9.6% in that period.
Despite trading above its 50-day, 100-day, and 200-day moving averages, IZMO's performance has been hindered by lower trading volumes, with delivery volume decreasing by 56.56% compared to the five-day average. Overall, IZMO Ltd's stock performance today reflects ongoing challenges within the market context.
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