Shanti Overseas Faces Trading Volatility Amid Lower Circuit Limit Hit

Shanti Overseas (India) Ltd, operating in the Other Agricultural Products 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 18.46, reflecting a decrease of Rs 0.04, or 0.22%, from the previous session. The stock reached an intraday low of Rs 17.57, which is noteworthy as it indicates a substantial drop within the trading day.
The price band for Shanti Overseas is set at 5%, highlighting the volatility in its trading range. The stock's intraday high was noted at Rs 18.67, but the overall performance today has been aligned with a downward trend. Total traded volume stood at approximately 2.38 lakh shares, resulting in a turnover of Rs 0.43 crore.

Despite the decline, Shanti Overseas is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a complex market position. The stock's 1-day return was recorded at -0.16%, contrasting with a sector return of 3.50% and a Sensex return of 1.03%. Overall, the performance of Shanti Overseas today reflects a challenging trading environment, marked by its lower circuit limit hit.