Winsome Yarns Ltd Hits Lower Circuit Limit at Rs 1.99 Amid Decline
Winsome Yarns Ltd, a microcap in the Garments & Apparels sector, faced notable trading activity as its stock reached the lower circuit limit. Despite an intraday high, the stock's performance indicated declining investor sentiment, with reduced delivery volume compared to recent averages, reflecting waning participation.
Winsome Yarns 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 1.99, reflecting a decline of Rs 0.05 or 2.45% from the previous session. The stock's performance was marked by a low price of Rs 1.99, which coincided with the lower circuit threshold, indicating a notable drop in investor sentiment.Throughout the trading session, Winsome Yarns reached an intraday high of Rs 2.04, but ultimately could not maintain this level. The total traded volume was approximately 0.06203 lakh shares, resulting in a turnover of Rs 0.001234397 crore.
Despite today's downturn, the stock has shown resilience by outperforming its sector by 1.12% and has gained after eight consecutive days of decline. However, investor participation appears to be waning, with delivery volume decreasing by 6.22% compared to the five-day average.
In summary, Winsome Yarns Ltd's stock faced downward pressure today, hitting its lower circuit limit, while overall market conditions reflected a mixed performance.
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