Tamil Nadu Telecommunications Faces Trading Volatility Amid Increased Investor Participation

Mar 12 2025 10:00 AM IST
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Tamil Nadu Telecommunications Ltd, a microcap in the cable industry, saw significant trading activity as its stock hit the lower circuit limit. The stock experienced a notable decline during the session, despite increased investor participation and outperforming its sector. Moving averages indicate mixed performance trends.
Tamil Nadu Telecommunications Ltd, a microcap player in the cable industry, experienced significant trading activity today as its stock hit the lower circuit limit. The stock's last traded price was recorded at Rs 9.29, reflecting a change of Rs 0.23, or a 2.54% increase. However, the stock reached a low price of Rs 8.60 during the trading session, indicating a notable decline in value.

The stock's performance today saw a total traded volume of approximately 0.01304 lakh shares, resulting in a turnover of Rs 0.001148824 crore. Despite the challenges, Tamil Nadu Telecommunications outperformed its sector by 1.89%, although it has not shown any returns over the last trading period.

In terms of moving averages, the stock is currently higher than its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 35.03% compared to the 5-day average.

Overall, Tamil Nadu Telecommunications Ltd's stock has faced downward pressure today, highlighted by its low price and the hitting of the lower circuit limit, reflecting the current market dynamics.
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