SKM Egg Products Faces Trading Challenges Amid Declining Market Momentum

Sep 23 2025 12:00 PM IST
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SKM Egg Products Export (India) Ltd faced significant trading activity today, hitting its lower circuit limit and closing at Rs 321.5. The stock has been on a downward trend, underperforming its sector and recording a cumulative decline over the past three days, amid decreased delivery volume.
SKM Egg Products Export (India) Ltd, a microcap player in the FMCG sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 321.5, reflecting a notable decline of Rs 16.7 or 4.94% from the previous trading session. The stock reached an intraday low of Rs 321.3, marking a 5% drop during the day.

Today's trading saw a total volume of approximately 0.54787 lakh shares, resulting in a turnover of Rs 1.779 crore. The stock has been on a downward trend, underperforming its sector by 3.01% and recording a cumulative decline of 9.33% over the past three days. It opened the day with a gap down of 3.89%, indicating a lack of positive momentum.

Despite trading above its 50-day, 100-day, and 200-day moving averages, SKM Egg Products has struggled in the short term, falling below its 5-day and 20-day moving averages. The delivery volume has also seen a decrease, down 10.86% compared to the 5-day average. Overall, the stock's performance today highlights ongoing challenges in the market environment.
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