GACM Technologies Faces Increased Trading Activity Amid Significant Stock Decline

GACM Technologies Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 0.49, marking a decline of Rs 0.03 or 5.77% from the previous session. The stock reached an intraday low of Rs 0.49, which also represents a new 52-week low for the company.
In terms of trading volume, GACM Technologies saw a total traded volume of approximately 145.63 lakh shares, resulting in a turnover of Rs 0.73 crore. The stock underperformed against its sector, with a 1D return of -1.92%, while the sector and Sensex recorded returns of 0.35% and 0.58%, respectively.

GACM Technologies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Additionally, investor participation has notably decreased, with delivery volume dropping by 66.06% compared to the 5-day average. Overall, GACM Technologies' performance today reflects ongoing challenges within the market.