Radhika Jeweltech Faces Trading Challenges Amid Increased Market Activity and Caution

Mar 27 2025 10:00 AM IST
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Radhika Jeweltech Ltd, a microcap in the Diamond & Gold Jewellery sector, faced notable trading activity as its stock hit the lower circuit limit. The trading volume reached over 3 lakh shares, with a turnover of approximately Rs 2.53 crore, reflecting ongoing challenges in the market.
Radhika Jeweltech Ltd, a microcap player in the Diamond & Gold Jewellery industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 83.20, reflecting a decline of Rs 2.86 or 3.32% from the previous session. The stock's low price for the day was recorded at Rs 81.75, while it reached a high of Rs 87.00.

In terms of trading volume, Radhika Jeweltech saw a total of 3.01835 lakh shares exchanged, resulting in a turnover of approximately Rs 2.53 crore. The stock has been underperforming, with a performance today that lagged behind its sector by 0.29%. Notably, Radhika Jeweltech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend.

Despite a slight 1D return of 0.35%, the overall market sentiment remains cautious. The stock's liquidity appears adequate for trading, with delivery volume rising by 50.41% against the 5-day average. Overall, Radhika Jeweltech's performance today underscores the challenges it faces in the current market environment.
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