Laxmi Goldorna House Ltd Hits Lower Circuit Limit with Low Price of Rs 288.45
Laxmi Goldorna House Ltd, a small-cap realty firm, saw notable trading activity as its stock hit the lower circuit limit, closing at Rs 298.25. The stock underperformed compared to the sector average, with increased investor participation reflected in a significant rise in delivery volume.
Laxmi Goldorna House Ltd, a small-cap player in the realty sector, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at a last traded price (LTP) of Rs 298.25, reflecting a decline of Rs 5.35 or 1.76% from the previous session. The stock's performance was notably below the sector average, underperforming by 3.15%.During the trading session, Laxmi Goldorna House reached an intraday high of Rs 300.6 and a low of Rs 288.45, indicating a price band of 5%. The total traded volume was approximately 0.06977 lakh shares, resulting in a turnover of Rs 0.204 crore.
In terms of moving averages, the stock is currently above its 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 75.39% compared to the 5-day average.
Overall, Laxmi Goldorna House Ltd's stock has shown a 1D return of -2.03%, contrasting with the sector's minimal decline of 0.03% and the Sensex's slight gain of 0.13%. The stock's liquidity remains adequate for trading, with a delivery volume indicating sufficient market activity.
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