Future Market Networks Hits Upper Circuit Limit with High Price of Rs 11.87
Future Market Networks Ltd experienced significant trading activity, reaching its upper circuit limit with a high price of Rs 11.87. The stock's last traded price was Rs 11.04, with a notable intraday low of Rs 11.02. Investor participation has declined, and the company has a market capitalization of Rs 66.89 crore.
Future Market Networks Ltd, operating in the diversified commercial services sector, has shown significant activity today as it hit its upper circuit limit with a high price of Rs 11.87. The stock's last traded price (LTP) stands at Rs 11.04, reflecting a change of -0.27, which translates to a percentage change of -2.39. The price band for the day was set at 5%, indicating a notable fluctuation within the trading session.The stock recorded an intraday low of Rs 11.02, with a total traded volume of approximately 0.01161 lakh shares, resulting in a turnover of Rs 0.001327023 crore. Despite underperforming the sector by 1.9%, Future Market Networks has maintained a position above its 20-day moving average, although it remains below the 5-day, 50-day, 100-day, and 200-day moving averages.
Investor participation appears to be declining, with delivery volume dropping by 80.75% compared to the 5-day average. The company's market capitalization is currently at Rs 66.89 crore, categorizing it as a microcap stock. Overall, Future Market Networks has demonstrated notable trading activity today, reflecting the dynamics of the market.
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