SEL Manufacturing Company Hits Lower Circuit Limit with Stock Price at Rs 41.19
SEL Manufacturing Company Ltd faced notable trading activity today, hitting the lower circuit limit with a last traded price of Rs 41.19. The stock opened significantly lower and saw increased investor participation, with delivery volume rising. This marks a shift after six consecutive days of gains.
SEL Manufacturing Company Ltd, operating 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 41.19, reflecting a decline of Rs 2.17 or 5.0% from the previous close. The stock opened with a notable gap down, starting the day at a loss of 5%, and reached an intraday low of Rs 41.19.Throughout the trading session, SEL Manufacturing Company saw a total traded volume of approximately 0.37266 lakh shares, resulting in a turnover of Rs 0.1535 crore. The stock has been underperforming compared to its sector, lagging by 4.88%. Despite today's downturn, it is noteworthy that the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
The stock's trading range was narrow, fluctuating only Rs 0.02 during the day. Additionally, there was a rise in investor participation, with delivery volume increasing by 27.72% compared to the 5-day average. Overall, SEL Manufacturing Company Ltd's performance today highlights a significant shift after six consecutive days of gains, marking a pivotal moment in its trading activity.
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