Future Market Networks Ltd Stock Hits Upper Circuit Limit at Rs 12.66
Future Market Networks Ltd experienced notable stock activity today, reaching the upper circuit limit with a high price of Rs 12.66. The trading volume was approximately 0.12364 lakh shares, while the company's market capitalization is Rs 76.78 crore, indicating its microcap status amidst fluctuating market conditions.
Future Market Networks Ltd, operating within the Diversified Commercial Services sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 12.66, reflecting a notable change of Rs 0.6, which translates to a percentage increase of 4.98%. This performance outpaced the sector's average return of 0.30% and the Sensex's return of 0.56% for the day.The stock's trading volume was recorded at approximately 0.12364 lakh shares, with a turnover of Rs 0.01565 crore. Despite the positive movement, it is worth noting that investor participation has seen a decline, with delivery volume dropping by 29.91% compared to the five-day average.
In terms of moving averages, Future Market Networks' stock is currently above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. The company's market capitalization stands at Rs 76.78 crore, categorizing it as a microcap stock. Overall, the stock's performance today highlights its resilience in a fluctuating market environment.
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