Niraj Ispat Industries Ltd Stock Hits Lower Circuit Limit at Rs 319.35

Niraj Ispat Industries Ltd, a microcap player in the diversified industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 319.35, reflecting a notable decline of Rs 16.8, or 5.0%, from the previous session. The stock's performance was marked by a low price of Rs 319.35, which aligns with the lower circuit threshold, indicating a challenging trading environment.
Throughout the day, Niraj Ispat Industries reached an intraday high of Rs 336.15, but ultimately closed lower, underperforming its sector by 4.48%. The total traded volume was recorded at 0.00235 lakh shares, resulting in a turnover of approximately Rs 0.0075 crore.

In terms of moving averages, the stock is currently above its 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day averages, suggesting mixed signals regarding its recent performance. Overall, the stock's 1-day return of -5.00% contrasts with the sector's return of -0.78% and the Sensex's decline of -0.41%. This performance highlights the current challenges faced by Niraj Ispat Industries in the market.