Shanti Overseas Faces Trading Challenges Amidst Broader Market Trends

Shanti Overseas (India) Ltd, operating in the Other Agricultural Products sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 13.17, reflecting a decline of Rs 0.7 or 5.05% from the previous session. Notably, the stock's low price matched its high price for the day, both recorded at Rs 13.17, indicating a lack of upward movement during trading.
The total traded volume for Shanti Overseas was approximately 0.10526 lakh shares, resulting in a turnover of Rs 0.01386 crore. The stock underperformed compared to its sector, which saw a 1D return of 0.54%, while Shanti Overseas reported a 1D return of -5.05%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a downward trend in its performance.

With a market capitalization of Rs 14.63 crore, Shanti Overseas remains classified as a microcap stock. Overall, the stock's performance today reflects ongoing challenges within the market environment.