Tamil Nadu Telecommunications Ltd Stock Hits Lower Circuit Limit at Rs 11.96

Tamil Nadu Telecommunications Ltd, a microcap player in the Telecom Equipment & Accessories sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price (LTP) was recorded at Rs 12.28, reflecting a decline of Rs 0.31 or 2.46% from the previous close. The stock's performance was notably below sector benchmarks, underperforming by 3.61%.
During the trading session, Tamil Nadu Telecommunications reached an intraday high of Rs 12.61 and a low of Rs 11.96, indicating a price band of 5%. The total traded volume stood at approximately 0.41944 lakh shares, with a turnover of Rs 0.0508 crore.

Despite the stock's recent gains, which included a rise of 3.26% over the last day, it remains below several key moving averages, including the 5-day, 20-day, 50-day, and 100-day averages, although it is above the 200-day moving average. Investor participation has also seen a decline, with delivery volume dropping by 22.4% compared to the 5-day average.

In summary, Tamil Nadu Telecommunications Ltd's stock faced downward pressure today, hitting its lower circuit limit, with overall performance reflecting a challenging trading environment.