Manaksia Aluminium Stock Hits Lower Circuit Limit at Rs 28.16 Amid Decline

Manaksia Aluminium Company Ltd, a player 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 29.6, reflecting a decrease of Rs 0.05, or 0.17%, from the previous session. The stock's performance was notably impacted by its low price of Rs 28.16, which contributed to the circuit limit being reached.
Throughout the trading session, the stock saw an intraday high of Rs 29.9 and a total traded volume of approximately 0.03118 lakh shares, resulting in a turnover of Rs 0.00885512 crore. The price band for the day was set at 5%, indicating the maximum allowable fluctuation in price.

In terms of moving averages, the stock is currently higher than its 5-day, 100-day, and 200-day averages, but lower than its 20-day and 50-day averages. Additionally, investor participation has declined, with delivery volume dropping by 49.32% compared to the 5-day average.

Overall, Manaksia Aluminium Company Ltd's stock performance today reflects a challenging trading environment, marked by a significant drop in price and reduced investor engagement.