TIL Ltd Faces Trading Challenges Amid Significant Decline in Investor Participation

TIL Ltd, a small-cap player in the automobile industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 358.75, reflecting a notable decline of Rs 17.45 or 4.64% from the previous close. The stock reached an intraday low of Rs 357.4, marking a 5% drop during the session.
Total traded volume stood at approximately 0.41732 lakh shares, resulting in a turnover of Rs 1.53 crore. The stock has been on a downward trajectory, underperforming its sector by 2.81% and recording a consecutive fall over the last two days, with a cumulative decline of 4.62% in that period.

Despite trading above its 20-day, 50-day, 100-day, and 200-day moving averages, TIL Ltd's performance has been hindered by a significant drop in investor participation, with delivery volume plummeting by 81.62% compared to the five-day average. The stock's liquidity remains adequate for trades of Rs 0.07 crore, based on 2% of the five-day average traded value. Overall, TIL Ltd's performance today reflects ongoing challenges in the market.