Suumaya Industries Ltd Stock Hits Lower Circuit Limit at Rs 1.63, New All-Time Low
Suumaya Industries Ltd, a microcap in the Garments & Apparels sector, faced notable trading activity as its stock reached a new all-time low, closing at Rs. 1.63. The stock has shown erratic trading patterns and is currently below key moving averages, indicating ongoing market challenges.
Suumaya Industries Ltd, a microcap player in the Garments & Apparels sector, experienced significant trading activity today as its stock hit the lower circuit limit, closing at a low price of Rs. 1.63. This marks a new 52-week and all-time low for the company, reflecting a decline of 4.07% in its 1D return. The stock's last traded price was Rs. 1.78, with a change of Rs. 0.06, representing a percentage change of 3.49%.The stock's performance today underperformed the sector by 1.26%, and it has been characterized by erratic trading, having not traded on four out of the last 20 days. Additionally, Suumaya Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
With a total traded volume of approximately 0.25899 lakh shares and a turnover of Rs. 0.00422 crore, the liquidity appears sufficient for trading activities. Overall, Suumaya Industries Ltd's performance today highlights ongoing challenges within the market context, as reflected in its recent trading metrics.
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