GACM Technologies Ltd Sees 13.8 Million Shares Traded, Ranking Among Top Volume Movers

GACM Technologies Ltd (symbol: GATECH), a microcap player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active equities today, with a total traded volume of 13,797,509 shares and a total traded value of Rs 82.79 lakhs. The stock opened at Rs 0.62, matching its previous close, but has since experienced fluctuations, reaching a day high of Rs 0.63 and a day low of Rs 0.59. Currently, the last traded price stands at Rs 0.60.
Despite the high trading activity, GACM Technologies has underperformed its sector by 3.04% today, contributing to a consecutive decline over the past three days, with a total drop of 6.25% in returns during this period. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has waned, with delivery volume on November 6 falling by 31.1% compared to the 5-day average.

With a market capitalization of Rs 68.00 crore, GACM Technologies continues to navigate a challenging market environment, reflecting broader trends in the NBFC sector.