Indo Thai Securities Hits Lower Circuit Limit, Closes at Rs 429.85 After 5% Decline

Indo Thai Securities Ltd, a small-cap player in the capital markets industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 429.85, reflecting a decline of Rs 22.6 or 5.0% from the previous close. The stock reached an intraday high of Rs 462.5 before falling to a low of Rs 429.85, marking a notable shift after a 20-day streak of gains.
Total traded volume for the day was approximately 7.7 lakh shares, resulting in a turnover of around Rs 33.85 crore. The stock's performance today underperformed its sector by 4.06%, with a 1D return of -5.00%. Notably, the weighted average price indicated that more volume was traded closer to the low price, suggesting a shift in investor sentiment.

Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, there has been a marked decrease in investor participation, with delivery volume dropping by 65.65% compared to the 5-day average. Overall, Indo Thai Securities Ltd's performance today highlights a significant downturn amid a backdrop of previous gains.