Kitex Garments Faces Trading Challenges Amid Significant Volume and Price Decline
Kitex Garments Ltd faced notable trading activity as its stock hit the lower circuit limit, closing at Rs 247.6 after a decline. The stock opened lower and reached an intraday low of Rs 235.25, with a total traded volume of approximately 4.24 lakh shares. The stock has been on a downward trend recently.
Kitex Garments Ltd, a small-cap player in the Garments & Apparels industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 247.6, reflecting a decline of Rs 13.0 or 4.99% from the previous close. The stock opened with a gap down, starting the day at a loss of 4.48%. Throughout the trading session, Kitex Garments reached an intraday low of Rs 235.25, marking a notable drop. The total traded volume was approximately 4.24 lakh shares, resulting in a turnover of Rs 10.58 crore. The stock has been on a downward trend, having underperformed its sector by 4.84% and recorded a consecutive fall over the last four days, with a cumulative decline of 10.07%.
Despite trading above its 200-day moving average, Kitex Garments is currently below its shorter-term moving averages, including the 5-day, 20-day, 50-day, and 100-day averages. The delivery volume has also seen a decline, falling by 33.9% compared to the 5-day average. Overall, the stock's performance today reflects ongoing challenges in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
