Viji Finance Ltd Faces Significant Trading Challenges Amid Declining Investor Participation

Viji Finance Ltd, a microcap company in the Finance/NBFC sector, has experienced significant activity today as its stock hit the lower circuit limit. The last traded price (LTP) stands at Rs 2.22, reflecting a decline of Rs 0.12 or 5.13% from the previous close. The stock's performance has been notably weak, underperforming its sector by 3.34%.
During the trading session, Viji Finance reached an intraday high of Rs 2.40 and a low of Rs 2.22, indicating a price band of 5%. The total traded volume was approximately 0.60064 lakh shares, with a turnover of Rs 0.0139 crore. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a persistent downward trend.

Investor participation has also seen a decline, with delivery volume dropping by 58.83% compared to the 5-day average. The stock's 1-day return is recorded at -2.64%, contrasting with a slight positive return in the broader market, as the Sensex and sector indices posted gains of 0.22% and 0.39%, respectively. Overall, Viji Finance Ltd's performance today underscores ongoing challenges within the market environment.