Pasupati Acrylon Faces Trading Challenges Amid Increased Investor Participation and Circuit Limit Hit

Pasupati Acrylon Ltd, a microcap player in the textile industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 55.00, reflecting a decline of Rs 1.50, or 2.65%, from the previous close. The stock's performance was notably impacted by its low price of Rs 53.67, which marked the intraday low.
Throughout the trading session, Pasupati Acrylon reached a high of Rs 57.49, but ultimately closed below this level. The stock traded a total volume of approximately 0.18239 lakh shares, resulting in a turnover of Rs 0.102 crore. Despite the decline, the stock outperformed its sector by 1.39% today.

In terms of moving averages, Pasupati Acrylon is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a longer-term positive trend. Additionally, the stock has shown increased investor participation, with delivery volume rising by 27.47% compared to the 5-day average.

Overall, Pasupati Acrylon's performance today reflects a challenging trading environment, with the stock hitting its lower circuit limit while maintaining a position above key moving averages.