Suumaya Industries Faces Trading Challenges Amidst Increased Market Activity

Suumaya Industries Ltd, a microcap player in the Garments & Apparels sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 3.32, reflecting a decline of Rs 0.08 or 2.35% from the previous session. The stock's performance was notably below the sector average, underperforming by 5.03%.
During the trading session, Suumaya Industries reached an intraday high of Rs 3.33 and a low of Rs 3.23, indicating a price band of 5%. The total traded volume was approximately 0.01788 lakh shares, resulting in a turnover of Rs 0.000584676 crore.

In terms of moving averages, the stock is currently positioned higher than the 20-day, 50-day, and 100-day averages, but lower than the 5-day and 200-day averages. The liquidity of the stock remains adequate, based on 2% of the 5-day average traded value, allowing for trades of Rs 0 crore.

Overall, Suumaya Industries Ltd's performance today reflects a challenging market environment, with the stock's decline marking a notable event in its trading history.