Shyam Telecom Ltd Hits Lower Circuit Limit with Intraday Low of Rs 13.42

Shyam Telecom Ltd, a microcap company in the Trading & Distributors industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 13.45, reflecting a decline of Rs 0.68 or 4.81% from the previous close. The stock reached an intraday low of Rs 13.42, which is critical as it indicates a notable drop in investor confidence.
The stock's performance today underperformed the sector by 5.37%, continuing a downward trend with a total decline of 6.4% over the past two days. Shyam Telecom's trading metrics reveal that it is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent bearish sentiment.

Total traded volume was approximately 0.04238 lakh shares, with a turnover of Rs 0.005738252 crore. Additionally, delivery volume has significantly decreased, falling by 85.4% compared to the 5-day average, indicating reduced investor participation. Overall, Shyam Telecom's stock performance today reflects ongoing challenges within the market environment.