Mahalaxmi Fabric Mills Shows Resilience Amidst Broader Market Challenges

Jul 11 2025 10:00 AM IST
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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.
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