Xelpmoc Design and Tech Faces Trading Pressure Amid Significant Volume Surge
Xelpmoc Design and Tech Ltd's stock faced significant pressure today, hitting the lower circuit limit and reaching a new 52-week low. The trading volume was approximately 1.17 lakh shares, with a notable increase in delivery volume. The stock has been on a downward trend, underperforming its sector.
Xelpmoc Design and Tech Ltd, operating in the miscellaneous industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 83.34, reflecting a decline of Rs 9.27 or 10.01% from the previous close. The stock reached an intraday low of Rs 81.48, marking a new 52-week low.Today's trading saw a total volume of approximately 1.17 lakh shares, resulting in a turnover of around Rs 1.01 crore. The stock has been on a downward trend, having underperformed its sector by 2.97% and recorded a consecutive fall over the last three days, with a total decline of 16.2% during this period.
Xelpmoc Design and Tech is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Despite the recent downturn, there has been a notable increase in delivery volume, which rose by 346.34% compared to the 5-day average.
In summary, Xelpmoc Design and Tech Ltd's stock has faced considerable pressure today, hitting its lower circuit limit and reflecting broader challenges in its market performance.
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