Mahalaxmi Fabric Mills Shows Resilience Amidst Broader Market Challenges
Mahalaxmi Fabric Mills Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, with significant trading volume and a notable increase in delivery participation. Despite trading below key moving averages, the stock demonstrated resilience, outperforming its sector amid broader market challenges.
Mahalaxmi Fabric Mills Ltd, a microcap player in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 26.75, reflecting a notable increase of 4.98% from its opening price. The last traded price (LTP) was Rs 26.49, marking an absolute change of Rs 1.01, or a percentage change of 3.96%.The stock's performance today outpaced its sector, which recorded a 1D return of -0.25%. Mahalaxmi Fabric Mills has demonstrated a strong trading volume of 0.02519 lakh shares, contributing to a turnover of Rs 0.006579628 crore. Notably, the stock opened with a gap up, indicating positive momentum at the start of the trading session.
Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a rise in investor participation, with delivery volume increasing by 194.48% compared to the 5-day average. Overall, Mahalaxmi Fabric Mills has shown resilience in today's market, reflecting a positive trend amidst broader market challenges.
{{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
Most Read
