Krishival Foods Ltd Hits Lower Circuit Limit, Closes at Rs 436.35 After 5% Drop

Krishival Foods Ltd, operating in the Other Agricultural Products sector, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 436.35, reflecting a decline of Rs 22.95 or 5.0% from the previous trading session. This marks the third consecutive day of losses for the company, with a total decline of 10.29% over this period.
During today's trading, Krishival Foods reached an intraday low of Rs 436.35, which aligns with the stock's lower circuit limit, indicating a price band of 5%. The stock opened with a gap down of 2.85%, contributing to its overall underperformance against the sector, which saw a decline of 4.65%.

The total traded volume for the day was approximately 0.155 million shares, resulting in a turnover of around Rs 0.698 crore. Notably, the weighted average price suggests that more volume was traded closer to the low price, indicating a shift in trading dynamics. Despite being above the 100-day and 200-day moving averages, the stock remains below the 5-day, 20-day, and 50-day moving averages.

In summary, Krishival Foods Ltd's performance today reflects a challenging trading environment, with notable declines and increased trading activity near its lower price threshold.