Future Supply Chain Solutions Hits Lower Circuit Limit at Rs 2.37 Intraday Low

Future Supply Chain Solutions Ltd, a microcap player in the Transport Services industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 2.45, reflecting a decline of Rs 0.05, or 2.0%, from the previous close. The stock's performance was marked by a low price of Rs 2.37, which contributed to its circuit limit status.
Throughout the trading session, the stock reached an intraday high of Rs 2.54, but ultimately underperformed against its sector, with a 1D return of -1.61%, compared to the sector's -1.05% and the Sensex's -0.43%. The total traded volume was approximately 0.22777 lakh shares, resulting in a turnover of Rs 0.005489257 crore.

Despite the stock being above its 20-day, 50-day, 100-day, and 200-day moving averages, it remains below the 5-day moving average, indicating a potential trend reversal after four consecutive days of decline. Additionally, delivery volume has decreased significantly, falling by 36.64% against the 5-day average, suggesting a decline in investor participation. Overall, Future Supply Chain Solutions Ltd's performance today highlights the challenges it faces in the current market environment.