Future Supply Chain Solutions Faces Increased Trading Activity Amid Market Challenges
Future Supply Chain Solutions Ltd faced notable trading activity as its stock hit the lower circuit limit, reaching a new all-time low. The session saw a volume of approximately 6.23 lakh shares, with a significant decline in investor participation and the stock trading below key moving averages, indicating ongoing market challenges.
Future Supply Chain Solutions Ltd, a microcap player in the logistics industry, experienced significant trading activity today as its stock hit the lower circuit limit. The stock's last traded price was Rs 1.60, reflecting a decline of Rs 0.04 or 2.44% from the previous close. Notably, the stock reached an intraday low of Rs 1.55, marking a new 52-week and all-time low.The trading session saw a total volume of approximately 6.23 lakh shares, resulting in a turnover of Rs 0.10 crore. The stock underperformed compared to its sector, which recorded a 1D return of -1.52%, while Future Supply Chain Solutions posted a return of -2.44%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
Investor participation has also declined, with delivery volume dropping by 12.15% compared to the 5-day average. Despite these challenges, the stock remains liquid enough for trading activities. Overall, Future Supply Chain Solutions Ltd's performance today highlights ongoing difficulties within the market context.
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