Suumaya Industries Hits Lower Circuit Limit with Intraday Low of Rs 1.72

Suumaya Industries Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today, hitting its lower circuit limit. The stock's last traded price was Rs. 1.90, reflecting a change of Rs. 0.08, or 4.4%. However, it reached a low of Rs. 1.72 during the session, marking a new 52-week and all-time low for the stock.
The total traded volume stood at approximately 0.20719 lakh shares, with a turnover of Rs. 0.003646544 crore. Notably, the stock underperformed its sector, which saw a decline of 0.56%, while the Sensex fell by 0.30%. Suumaya Industries has shown erratic trading patterns, not trading on four out of the last 20 days.

In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a challenging market position. Despite its liquidity being adequate for trades of Rs. 0 crore based on 2% of the 5-day average traded value, the overall performance today reflects a 1D return of -3.30%. This performance underscores the current challenges faced by Suumaya Industries in the market.