Loyal Textile Mills Stock Hits Lower Circuit Limit at Rs 295.6 Amid Decline
Loyal Textile Mills Ltd, a microcap in the Garments & Apparels sector, faced notable trading activity, hitting its lower circuit limit and closing at Rs 295.6. The stock showed volatility, with an intraday high of Rs 308.95, and has exhibited erratic trading patterns recently.
Loyal Textile Mills Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 295.6, reflecting a decline of Rs 15.55 or 5.0% from the previous trading session. The price band for the day was set at 5%, indicating a constrained trading range.During the session, Loyal Textile Mills reached an intraday high of Rs 308.95, but ultimately could not maintain momentum, closing near its low price. The total traded volume was approximately 0.00106 lakh shares, resulting in a turnover of Rs 0.003137706 crore. Notably, the stock has shown erratic trading patterns, having not traded on one day out of the last 20.
Despite today's downturn, the stock outperformed its sector by 5.52%. The weighted average price indicated that more volume was traded closer to the low price, and the stock's liquidity remains adequate for trading. Overall, Loyal Textile Mills' performance today highlights the volatility and challenges faced in the current market environment.
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