Precot Ltd Hits Lower Circuit Limit, Closing at Rs 436.9 After 5% Decline

Precot Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 436.9, reflecting a notable decline of Rs 23.0, or 5.0%, from the previous session. The stock's performance was marked by a low price of Rs 436.9, which aligns with the established price band of 5%.
Throughout the trading day, Precot reached an intraday high of Rs 450.0, but ultimately closed lower, underperforming its sector by 4.15%. The total traded volume was recorded at 0.02544 lakh shares, resulting in a turnover of Rs 0.11146536 crore.

In terms of moving averages, Precot is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a downward trend in its stock performance. The stock's 1-day return was -5.00%, contrasting with the sector's return of -0.80% and the Sensex's decline of -0.38%.

Overall, Precot Ltd's stock has faced challenges today, reflecting broader market conditions and specific company performance metrics.