Reliable Data Services Ltd Faces Turbulent Trading Amid Decreased Investor Participation

Sep 04 2025 10:00 AM IST
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Reliable Data Services Ltd, a microcap in the NBFC sector, faced significant trading activity, hitting its lower circuit limit. The stock closed lower after a volatile session with high fluctuations and decreased investor participation. Overall, the trading environment remains challenging for the company amid notable market turbulence.
Reliable Data Services Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 135.11, reflecting a decline of Rs 7.74 or 5.41%, with a percentage change of -3.85%. The stock reached an intraday low of Rs 133.49, marking a notable drop of 5% from its opening price.

Throughout the trading session, the stock exhibited high volatility, with an intraday fluctuation of 8.76%. Total traded volume reached approximately 1.18 lakh shares, resulting in a turnover of Rs 1.58 crore. The performance today underperformed the sector by 4.66%, indicating a challenging market environment for the company.

Despite the stock's recent trend reversal, which saw gains after three consecutive days of decline, investor participation has notably decreased, with delivery volume plummeting by 98.88% compared to the five-day average. The stock remains liquid enough for trades of Rs 0.12 crore, based on 2% of the five-day average traded value. Overall, Reliable Data Services Ltd's performance today reflects a turbulent trading atmosphere, underscoring the challenges faced in the current market landscape.
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