United Polyfab Gujarat Ltd Hits Lower Circuit Limit at Rs 43.74, Down 5.02%
United Polyfab Gujarat Ltd, a microcap in the Garments & Apparels sector, saw notable trading activity as its stock hit the lower circuit limit. The stock's performance was below the sector average, with mixed trends in moving averages and adequate liquidity during the trading session.
United Polyfab Gujarat Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 43.74, reflecting a decline of Rs 2.31 or 5.02% from the previous close. The stock's performance was notably below the sector average, underperforming by 4.47%.During the trading session, United Polyfab reached an intraday high of Rs 45.82 and a low of Rs 43.74, indicating a price band of 5%. The total traded volume was approximately 1.35 lakh shares, resulting in a turnover of around Rs 0.59 crore.
In terms of moving averages, the stock is currently above the 20-day, 50-day, and 100-day averages but below the 5-day and 200-day averages, suggesting mixed performance trends. Additionally, liquidity appears adequate, with trading volume representing 2% of the 5-day average traded value.
Overall, United Polyfab Gujarat Ltd's stock has faced downward pressure today, reflecting broader market challenges within its sector.
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