Vardhman Polytex Ltd Faces Trading Volatility Amid Increased Investor Participation

Vardhman Polytex Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price (LTP) was recorded at Rs 12.29, reflecting a decline of Rs 0.56 or 4.36% from the previous close. The stock's performance today underperformed the sector by 3.72%, marking a consecutive fall over the last two days, with a total decline of 4.8% during this period.
The stock reached an intraday low of Rs 12.20, while the high for the day was Rs 12.78. Total traded volume stood at approximately 4.37 lakh shares, resulting in a turnover of Rs 0.54 crore. Notably, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average.

Despite the recent downturn, there has been a rise in investor participation, with delivery volume increasing by 15.1% compared to the 5-day average. Overall, Vardhman Polytex Ltd's performance today reflects a challenging market environment, with the stock's liquidity remaining adequate for trading activities.