Morarjee Textiles Shows Resilience Amidst Broader Market Challenges and Declining Investor Participation
Morarjee Textiles Ltd, a microcap in the textile sector, reached its upper circuit limit today, trading at Rs. 4.86. The stock outperformed its sector, which declined, despite trading below key moving averages. Investor participation has decreased, indicating mixed performance in the context of longer-term trends.
Morarjee Textiles Ltd, a microcap player in the textile industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs. 4.86. The stock experienced a positive change of Rs. 0.23, translating to a 4.97% increase. This performance stands out as it has outperformed its sector, which recorded a decline of 1.34% today.The stock traded within a price band of 5%, with an intraday low of Rs. 4.56. Total traded volume reached approximately 0.0962 lakh shares, resulting in a turnover of Rs. 0.00465608 crore. Despite the positive movement, Morarjee Textiles is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance in the context of longer-term trends.
Investor participation appears to be declining, with delivery volume dropping significantly compared to the 5-day average. Overall, Morarjee Textiles has demonstrated notable resilience today, reflecting a strong performance relative to its sector amidst broader market challenges.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
