Narmada Agrobase Ltd Hits Lower Circuit Limit with Intraday Low of Rs 21.51

Narmada Agrobase Ltd, a microcap company in the FMCG sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price was recorded at Rs 22.00, reflecting a decline of Rs 0.65 or 2.87% from the previous close. The stock's performance has been underwhelming, underperforming its sector by 0.92% and marking a consecutive fall over the last three days, resulting in a total decline of 5.13% during this period.
The stock reached an intraday high of Rs 22.88 and a low of Rs 21.51, indicating a price band of 5%. Total traded volume was approximately 0.35017 lakh shares, with a turnover of Rs 0.076 crore. Notably, the delivery volume has seen a sharp decline, falling by 75.59% compared to the five-day average, suggesting reduced investor participation.

In terms of moving averages, the stock is currently above the 100-day and 200-day averages but below the 5-day, 20-day, and 50-day averages. Overall, Narmada Agrobase Ltd's performance today reflects ongoing challenges within the market, as evidenced by its recent trading activity and metrics.