JHS Svendgaard Laboratories Faces Trading Challenges Amid Increased Delivery Volume

JHS Svendgaard Laboratories Ltd, a microcap player in the FMCG sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 11.83, reflecting a decline of Rs 0.41 or 3.35% from the previous close. The stock reached an intraday low of Rs 11.62, just 2.71% above its 52-week low of Rs 11.50.
During the trading session, JHS Svendgaard saw a total traded volume of approximately 3.00 lakh shares, resulting in a turnover of Rs 0.36 crore. The stock underperformed compared to its sector, which recorded a 1.50% return, while JHS Svendgaard's 1D return was -1.45%.

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. Despite the recent downturn, there has been a notable increase in delivery volume, which rose by 45.15% compared to the 5-day average.

In summary, JHS Svendgaard Laboratories Ltd's stock has faced challenges today, marked by its lower circuit limit and overall performance metrics that reflect a difficult trading environment.