Nirman Agri Genetics Ltd, a microcap in the agricultural sector, faced notable trading activity, hitting its lower circuit limit and closing at Rs 208.5. The stock saw a significant drop in investor participation, with delivery volume decreasing sharply, indicating a challenging trading environment and reduced liquidity.
Nirman Agri Genetics Ltd, a microcap company in the Other Agricultural Products industry, experienced significant trading activity today, hitting its lower circuit limit at a low price of Rs 208.5. The stock closed at Rs 208.5, reflecting a notable decline of Rs 10.95, or 4.99%, from the previous trading session.
The total traded volume for the day was approximately 0.084 lakh shares, resulting in a turnover of Rs 0.17514 crore. The stock’s performance today underperformed its sector by 3.51%, while the broader market, represented by the Sensex, saw a decline of 0.43%.
In terms of moving averages, Nirman Agri Genetics is currently positioned higher than its 20-day, 50-day, and 100-day moving averages, but lower than its 5-day and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 93.64% compared to the 5-day average.
Overall, Nirman Agri Genetics Ltd’s performance today reflects a challenging trading environment, marked by reduced liquidity and investor engagement.