Manugraph India Ltd Hits Lower Circuit Limit with Intraday Low of Rs 19.46

Manugraph India Ltd, a microcap player in the industrial manufacturing sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 19.81, reflecting a decline of Rs 0.68 or 3.32% from the previous close. The stock's performance was notably below sector benchmarks, underperforming by 4.23%. During the trading session, Manugraph India reached an intraday high of Rs 19.90 and a low of Rs 19.46, indicating a price band of 5%. The total traded volume was recorded at 0.20807 lakh shares, with a turnover of Rs 0.0405 crore. The stock has shown a trend reversal, falling after two consecutive days of gains. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a bearish trend. Investor participation has also declined, with delivery volume dropping by 85.86% compared to the 5-day average. Overall, Manugraph India Ltd's performance today reflects a challenging market environment, with significant downward pressure on its stock price.