Mahalaxmi Fabric Mills Faces Trading Volatility Amid Fluctuating Investor Interest
Mahalaxmi Fabric Mills Ltd, a microcap textile company, faced notable trading activity as its stock hit the lower circuit limit. The stock's performance included a significant intraday low and high, with trading volume and turnover reflecting decreased investor participation. The stock's trend shows fluctuations amid varying liquidity.
Mahalaxmi Fabric Mills Ltd, a microcap player in the textile industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 28.88, reflecting a decline of Rs 1.52 or 5.0% from the previous close. The stock's performance today was marked by a notable intraday low of Rs 28.88, while it reached a high of Rs 31.85 earlier in the session.The total traded volume was approximately 0.00169 lakh shares, resulting in a turnover of Rs 0.00050024 crore. Despite today's downturn, the stock had outperformed its sector by 4.56% prior to this decline, following three consecutive days of gains. However, trading has been erratic, with the stock not trading on one day out of the last 20 days.
In terms of moving averages, Mahalaxmi Fabric Mills is currently above its 5-day and 20-day averages but below the 50-day, 100-day, and 200-day averages. The liquidity remains adequate for trading, with delivery volume significantly decreased compared to the recent average. Overall, the stock's performance today highlights a reversal in trend amid fluctuating investor participation.
{{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
