Manomay Tex India Hits Lower Circuit Amid Heavy Selling Pressure

Intraday Price Movement and Trading Activity

On the trading day, Manomay Tex India’s share price touched an intraday low of ₹240.5, which coincided with the lower circuit price band of 5%, signalling a maximum permissible fall for the day. The stock’s high was recorded at ₹250.0, indicating a wide price range but with dominant downward momentum. The weighted average price for the day was closer to the low, suggesting that the majority of traded volumes occurred near the bottom of the price band.

Trading volumes were relatively modest, with total traded volume at approximately 6,865 shares (0.06865 lakhs) and a turnover of ₹0.1665 crore. This volume level, while sufficient to maintain liquidity, was accompanied by a noticeable decline in investor participation. Delivery volume on 1 Dec 2025 stood at 36,220 shares but fell by 39.37% compared to the five-day average, indicating a waning commitment from long-term holders amid the price fall.

Comparative Performance and Market Context

Manomay Tex India’s 1-day return of -5.0% contrasted sharply with the Garments & Apparels sector’s decline of -0.96% and the Sensex’s marginal fall of -0.33%. This underperformance highlights the stock’s vulnerability to selling pressure relative to its peers and the broader market. Over the last two trading sessions, the stock has recorded a cumulative fall of 7.01%, signalling a sustained negative trend.

Despite the recent price weakness, the stock’s moving averages reveal a mixed technical picture. The current price remains above the 20-day, 50-day, 100-day, and 200-day moving averages, which may indicate underlying support levels. However, it trades below the 5-day moving average, reflecting short-term bearish sentiment and potential momentum loss.

Investor Sentiment and Supply-Demand Dynamics

The sharp fall to the lower circuit limit reflects a scenario of panic selling, where sellers have overwhelmed buyers, leading to unfilled supply at the lower price band. This imbalance suggests that market participants are eager to exit their positions, possibly due to concerns over the company’s near-term prospects or broader sectoral pressures.

Manomay Tex India’s market capitalisation stands at ₹453 crore, categorising it as a micro-cap stock. Such stocks often experience higher volatility and susceptibility to sharp price movements on relatively low volumes. The current liquidity, measured at approximately 2% of the five-day average traded value, supports trade sizes up to ₹0.12 crore, which is adequate for retail and small institutional investors but may limit large block trades.

Sectoral and Industry Considerations

Operating within the Garments & Apparels industry, Manomay Tex India faces sector-specific challenges including fluctuating raw material costs, changing consumer demand, and competitive pressures from domestic and international players. The sector’s 1-day return of -0.96% on the same day indicates a broader cautious mood, but the stock’s sharper decline points to company-specific factors influencing investor behaviour.

Given the stock’s recent performance and trading patterns, market participants may be closely monitoring upcoming corporate announcements, quarterly results, or sector developments that could influence the stock’s trajectory.

Outlook and Investor Considerations

Manomay Tex India’s recent price action underscores the importance of closely analysing liquidity and trading volumes alongside price movements, especially in micro-cap stocks prone to volatility. The persistent selling pressure and circuit limit hit may prompt investors to reassess their exposure and monitor for any fundamental developments that could alter market sentiment.

While the stock remains above several longer-term moving averages, the short-term weakness reflected by the 5-day moving average and falling delivery volumes suggests caution. Investors should consider the broader sector trends and company-specific news flow before making decisions.

In summary, Manomay Tex India’s stock performance on 2 Dec 2025 highlights a day of significant market stress, with the lower circuit hit signalling a strong imbalance between supply and demand. This event serves as a reminder of the risks inherent in trading smaller capitalisation stocks within volatile sectors.

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