Madhav Copper Ltd Stock Hits Lower Circuit Limit at Rs 45.45
Madhav Copper Ltd, a microcap in the Non-Ferrous Metals sector, faced significant trading activity as its stock hit the lower circuit limit, closing at Rs 47.19. The stock underperformed relative to sector expectations, with a total traded volume of approximately 0.40039 lakh shares during the session.
Madhav Copper Ltd, a microcap company in the Non-Ferrous Metals industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 47.19, reflecting a decline of Rs 0.66, or 1.38%, from the previous session. The stock's performance was notably below sector expectations, underperforming by 5.13%.During the trading session, Madhav Copper reached an intraday high of Rs 48.84 and a low of Rs 45.45, indicating a price band of 5%. The total traded volume amounted to approximately 0.40039 lakh shares, resulting in a turnover of Rs 0.186 crore.
Madhav Copper is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a challenging market position. The stock's 1-day return stands at -1.38%, contrasting with a slight gain of 0.24% in the Sensex and a marginal decline of 0.20% in the sector.
In summary, Madhav Copper's performance today reflects a notable downturn, with the stock hitting its lower circuit limit amid broader market trends.
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