Loyal Textile Mills Ltd Hits Lower Circuit Limit with Day's Low at Rs 259.25

Loyal Textile Mills Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at a last traded price (LTP) of Rs 278.00, reflecting a change of Rs 5.10, or a 1.87% decrease. The stock's performance was notably below the sector average, underperforming by 0.6%.
During the trading session, Loyal Textile Mills reached an intraday high of Rs 286.45 and a low of Rs 259.25, indicating a price band of 5%. The total traded volume was approximately 0.00291 lakh shares, with a turnover of Rs 0.00767 crore.

In terms of moving averages, the stock is currently higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 196.48% compared to the 5-day average.

Overall, Loyal Textile Mills Ltd's performance today reflects a challenging market position, marked by its lower circuit limit hit and underperformance relative to both its sector and broader market indices.