Odigma Consultancy Solutions Ltd Hits Lower Circuit Limit at Rs 45.66 Amid Decline

Odigma Consultancy Solutions Ltd, operating in the Computers - Software & Consulting sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 48.07, reflecting a decline of Rs 2.54 or 5.02% from the previous trading session. Notably, the stock opened at Rs 45.66, marking a gap down of 5.01%, and reached an intraday low of Rs 45.66, indicating a lack of upward movement throughout the day.
The total traded volume was approximately 0.17668 lakh shares, resulting in a turnover of around Rs 0.0849 crore. Over the past four days, Odigma has faced consecutive declines, with a total drop of 18.6% during this period, underperforming its sector by 3.8%. The stock's performance today was also characterized by a significant decrease in investor participation, with delivery volume plummeting by 95.07% compared to the five-day average.

Despite trading above its 20-day, 50-day, 100-day, and 200-day moving averages, the stock remains below its 5-day moving average. Overall, Odigma Consultancy Solutions Ltd's performance today reflects ongoing challenges in the market, with a notable lack of liquidity for larger trades.