Praxis Home Retail Ltd Hits Lower Circuit Limit at Rs 12.33 Amid Decline

Praxis Home Retail Ltd, operating in the Garments & Apparels industry, has experienced significant trading activity today, hitting its lower circuit limit with a last traded price of Rs 12.33. The stock recorded a decline of Rs 0.65, translating to a percentage change of -5.01%. The price band for the day was set at 5%, with an intraday high of Rs 12.80 and a low of Rs 12.33.
In terms of trading volume, the stock saw a total traded volume of approximately 0.37491 lakh shares, resulting in a turnover of Rs 0.046 crore. The stock has underperformed its sector by 4.39% and has been on a downward trend, with a consecutive fall over the last three days, accumulating a total decline of 9.52% during this period.

Despite being higher than the 50-day and 100-day moving averages, Praxis Home Retail's performance is lower than the 5-day, 20-day, and 200-day moving averages. Additionally, investor participation has notably decreased, with delivery volume dropping by 97.5% compared to the 5-day average. Overall, the stock's performance today reflects a challenging market position within its sector.