Nirman Agri Genetics Ltd Hits Lower Circuit Limit, Closes at Rs 169.9

Nirman Agri Genetics Ltd, a microcap company in the Other Agricultural Products sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 169.9, reflecting a decline of Rs 8.9 or 4.98% from the previous close. The stock's performance today underperformed the sector, which saw a minimal decline of 0.03%.
The trading session recorded a total volume of 0.051 lakh shares, resulting in a turnover of Rs 0.086649 crore. Notably, the stock reached an intraday high of Rs 169.9 and a low of Rs 169.9, indicating a lack of upward movement during the day. The price band for the stock is set at 5%, which may have contributed to the observed trading limits.

In terms of moving averages, the stock is currently above its 50-day moving average but below the 5-day, 20-day, 100-day, and 200-day averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 176.46% against the 5-day average.

Overall, Nirman Agri Genetics Ltd's performance today highlights a challenging trading environment, with the stock firmly positioned at its lower circuit limit.