T T Ltd Faces Trading Challenges Amid Persistent Bearish Sentiment in Textile Sector

Mar 04 2025 01:20 PM IST
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T T Ltd, a microcap textile company, is experiencing significant trading difficulties, hitting its lower circuit. The stock has declined over six consecutive days, trading below key moving averages. Today's session saw reduced investor participation, with a notable drop in delivery volume compared to recent averages.
T T Ltd, a microcap company in the textile industry, is currently facing significant trading challenges, hitting its lower circuit today. The stock's last traded price stands at Rs 11.35, reflecting a minor increase of Rs 0.05 or 0.44%. However, it has underperformed compared to its sector, which saw a 1D return of 0.44%.

The stock has been on a downward trend, experiencing consecutive losses over the past six days, resulting in a total decline of 15.77% during this period. T T Ltd is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment.

Today's trading session recorded a total volume of approximately 0.49223 lakh shares, with a turnover of Rs 0.05375 crore. The stock reached an intraday high of Rs 11.65 and a low of Rs 10.73. Over the past year, T T Ltd has seen a high of Rs 18.5 and a low of Rs 9.58. Additionally, investor participation appears to be declining, with delivery volume dropping by 26.76% compared to the 5-day average.
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