Silly Monks Entertainment Ltd Hits Lower Circuit Limit at Rs 23.85 Amid Decline

Silly Monks Entertainment Ltd, a microcap player in the Media & Entertainment sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 23.85, reflecting a decline of Rs 1.26 or 5.02% from the previous session. The stock's performance was notably below the sector average, underperforming by 1.53%.
During the trading session, Silly Monks reached an intraday high of Rs 25.95 and a low of Rs 23.85, marking the lower circuit limit. The total traded volume was approximately 0.35184 lakh shares, with a turnover of Rs 0.08486 crore. Notably, the delivery volume on November 12 was recorded at zero, indicating a 100% drop compared to the five-day average delivery volume, suggesting a decline in investor participation.

In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day averages, but below the 5-day average. Overall, the stock's performance today reflects a challenging environment, with a 1D return of -0.44%, while the sector and Sensex recorded returns of -0.90% and -0.12%, respectively.