SEL Manufacturing Faces Volatile Trading Amid Broader Market Dynamics and Sector Trends

May 19 2025 11:00 AM IST
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SEL Manufacturing Company Ltd experienced notable trading activity, with its stock hitting the lower circuit limit and closing at Rs 42.35. The session saw high volatility, with a wide trading range and significant fluctuations. Despite the decline, the stock remains above several moving averages, indicating mixed performance relative to its sector.
SEL Manufacturing Company Ltd, operating in the Garments & Apparels sector, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at Rs 42.35, reflecting a decline of Rs 1.2 or 2.76% from the previous trading session. Notably, the stock reached an intraday low of Rs 41.37, marking a decrease of 5.01% during the day.

The trading session saw a total volume of 0.1314 lakh shares, resulting in a turnover of approximately Rs 0.056 crore. The stock opened with a gain of 4.94%, reaching an intraday high of Rs 45.7 before reversing course. The day's trading range was wide, spanning Rs 4.33, and the stock exhibited high volatility with an intraday fluctuation of 6.48%.

Despite today's downturn, SEL Manufacturing Company remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below its 200-day moving average. The overall performance indicates a notable underperformance compared to the sector, which gained 2.49% today. In summary, SEL Manufacturing Company faced a challenging trading day, reflecting broader market dynamics and sector performance.
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