Future Supply Chain Solutions Faces Declining Investor Interest Amid Trading Volatility
Future Supply Chain Solutions Ltd, a microcap logistics firm, faced significant trading activity today, hitting its lower circuit limit. The stock has been on a downward trend, underperforming its sector and experiencing a notable decline in investor participation, with delivery volume dropping significantly compared to previous averages.
Future Supply Chain Solutions Ltd, a microcap player in the logistics industry, has experienced significant trading activity today, hitting its lower circuit limit. The stock's last traded price (LTP) stands at Rs 2.09, reflecting a minor change of Rs 0.01 or 0.48%. However, the stock reached a low price of Rs 1.97 during the session, indicating a notable decline.The stock has been on a downward trajectory, underperforming its sector by 1.12% and recording a consecutive fall over the past four days, with total returns down by 8.29% in that period. Today's trading volume was approximately 0.35983 lakh shares, resulting in a turnover of Rs 0.0073 crore.
In terms of moving averages, the stock is currently above its 50-day moving average but below the 5-day, 20-day, 100-day, and 200-day averages. Additionally, investor participation has waned, with delivery volume dropping by 91.7% compared to the 5-day average.
Overall, Future Supply Chain Solutions Ltd's performance today highlights ongoing challenges, as the stock continues to grapple with declining investor interest and market pressures.
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