Lokesh Machines Ltd Faces Trading Challenges Amid Declining Investor Participation
Lokesh Machines Ltd, a microcap in industrial manufacturing, faced notable trading activity as its stock hit the lower circuit limit, closing at Rs 202.69. The session saw a significant drop in delivery volume and a decline in investor participation, reflecting broader challenges in the market environment.
Lokesh Machines Ltd, a microcap player in the industrial manufacturing sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 202.69, reflecting a notable decline of Rs 18.09, or 8.19%. The stock reached an intraday low of Rs 198.7, indicating a challenging trading session.The total traded volume for the day was approximately 1.01805 lakh shares, resulting in a turnover of around Rs 2.11 crore. Despite the stock's performance, it underperformed its sector by 4.95%, continuing a downward trend with a consecutive fall over the last two days, accumulating a total decline of 8.05% during this period.
In terms of price movement, the stock's high for the day was Rs 225.01, while the weighted average price suggested that more volume was traded closer to the low price. Additionally, the delivery volume has seen a significant drop, falling by 83.18% compared to the five-day average, indicating a decrease in investor participation.
Overall, Lokesh Machines Ltd's performance today highlights the challenges faced in the current market environment, with the stock's position reflecting broader trends in investor sentiment and trading activity.
{{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
