Vadivarhe Speciality Chemicals Hits Lower Circuit Limit, Closing at Rs 25.65
Vadivarhe Speciality Chemicals Ltd faced notable trading activity, hitting its lower circuit limit and closing at Rs 25.95, down 3.89%. The stock underperformed compared to the sector average, with a total traded volume of 0.06 lakh shares. It remains below key moving averages, indicating a downward trend.
Vadivarhe Speciality Chemicals Ltd, operating in the Chemicals & Petrochemicals sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 25.95, reflecting a decline of Rs 1.05 or 3.89% from the previous session. The stock's performance was notably below the sector average, underperforming by 3.91%.During the trading session, Vadivarhe reached an intraday high of Rs 25.95 and a low of Rs 25.65, indicating a price band of 5%. The total traded volume was recorded at 0.06 lakh shares, with a turnover of Rs 0.01548 crore. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a downward trend in its performance.
Despite a rise in delivery volume, which increased by 66.67% compared to the 5-day average, the stock's liquidity remains adequate for trading. Overall, Vadivarhe Speciality Chemicals Ltd's performance today reflects a challenging market position, with a 1D return of -3.89%, contrasting with the sector's positive return of 0.45% and the Sensex's gain of 0.19%.
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