Vaidya Sane Ayurved Laboratories Ltd Hits Lower Circuit Limit at Rs 272.4
Vaidya Sane Ayurved Laboratories Ltd faced notable trading activity today, with its stock hitting the lower circuit limit. The stock's performance was below the sector average, showing limited price movement and increased investor participation, despite a challenging market environment characterized by a significant drop.
Vaidya Sane Ayurved Laboratories Ltd, a microcap company in the hospital industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 272.4, reflecting a decline of Rs 14.3 or 4.99% from the previous close. The stock's performance was notably below the sector average, underperforming by 5.89%.During the trading session, the stock reached an intraday high of Rs 272.7 and a low of Rs 272.4, indicating limited price movement within a narrow band. The total traded volume was approximately 0.012 lakh shares, resulting in a turnover of Rs 0.032712 crore.
In terms of moving averages, the stock is currently above the 100-day and 200-day averages but below the 5-day, 20-day, and 50-day averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 31.58% compared to the 5-day average.
Overall, Vaidya Sane Ayurved Laboratories Ltd's stock performance today reflects a challenging market environment, characterized by a significant drop and limited trading range.
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