Nirman Agri Genetics Ltd Hits Lower Circuit Limit with Stock Price at Rs. 122.7

Nirman Agri Genetics Ltd, a microcap company in the Other Agricultural Products industry, experienced significant trading activity today, hitting its lower circuit limit at a low price of Rs. 122.7. The stock closed with a notable change of -6.45, reflecting a percentage decline of 4.99%.
Throughout the trading session, Nirman Agri Genetics underperformed compared to its sector, which saw a decline of only 0.63%. The total traded volume for the day was approximately 0.078 lakh shares, resulting in a turnover of Rs. 0.095706 crore. The stock's performance was further highlighted by its trading position below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

Additionally, there was a rise in investor participation, with a delivery volume of 26,100 shares on October 23, marking an increase of 50.52% compared to the 5-day average delivery volume. Despite this uptick in participation, the stock's liquidity remains adequate, based on 2% of the 5-day average traded value. Overall, Nirman Agri Genetics Ltd's performance today reflects a challenging market environment, with the stock firmly positioned at its new 52-week low.