Peria Karamalai Tea Stock Hits Lower Circuit Limit at Rs 830.05

Peria Karamalai Tea & Produce Company Ltd, a microcap player in the FMCG sector, experienced significant trading activity today as its stock hit the lower circuit limit. The stock's last traded price (LTP) was recorded at Rs 889.0, reflecting a change of Rs 15.3, or a 1.75% decrease. The stock's performance was notably impacted by its low price of Rs 830.05, which marked the lower boundary of its trading range, set at a price band of 5%.
Throughout the trading session, the stock reached an intraday high of Rs 917.0, but ultimately closed lower. The total traded volume was approximately 0.04114 lakh shares, resulting in a turnover of Rs 0.3477 crore.

In terms of performance metrics, Peria Karamalai Tea outperformed its sector by 0.57%, while the broader market, represented by the Sensex, saw a decline of 0.43%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a complex market position despite today's downturn.

Overall, the stock's performance today highlights the volatility within the microcap FMCG sector, with the lower circuit limit reflecting current market pressures.