Suumaya Industries Ltd Hits Lower Circuit Limit with Day's Low at Rs 1.66

Suumaya Industries Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price (LTP) was recorded at Rs 1.77, reflecting a minor change of Rs 0.02, or 1.14%. The stock's performance was marked by a low price of Rs 1.66, which contributed to its circuit limit status, while the intraday high reached Rs 1.81. In terms of trading volume, Suumaya Industries saw a total traded volume of approximately 0.11241 lakh shares, resulting in a turnover of Rs 0.001888488 crore. The stock has shown erratic trading patterns, having not traded on four out of the last twenty days. From a technical perspective, the stock's moving averages indicate that it is currently higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite today's performance, the stock outperformed its sector by 4.1%, contrasting with the sector's 1D return of -0.68%. Overall, Suumaya Industries Ltd's trading activity today highlights the volatility and challenges faced by microcap stocks in the current market environment.