Sotac Pharmaceuticals Faces Volatility Amid Increased Trading Activity and Delivery Volume Surge
Sotac Pharmaceuticals Ltd experienced notable trading activity as its stock reached the lower circuit limit, closing at Rs 124.3. The session recorded a turnover of approximately Rs 0.0448 crore, with a significant increase in delivery volume. The stock's performance highlighted the volatility typical of microcap pharmaceuticals.
Sotac Pharmaceuticals Ltd, a microcap player in the Pharmaceuticals & Biotechnology sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 124.3, reflecting a decline of Rs 6.55 or 5.01% from the previous close. The stock's performance today underperformed the sector, which saw a slight gain of 0.36%.The trading session recorded a total volume of 0.036 lakh shares, resulting in a turnover of approximately Rs 0.0448 crore. The stock's price band was noted at 5%, with an intraday high of Rs 124.5 and a low of Rs 124.3. Notably, Sotac Pharmaceuticals has shown mixed performance against its moving averages, being higher than the 5-day and 200-day averages but lower than the 20-day, 50-day, and 100-day averages.
Despite the challenges faced today, the stock has seen a notable increase in delivery volume, with a rise of 316.67% compared to the 5-day average. Overall, Sotac Pharmaceuticals' performance reflects the volatility often seen in microcap stocks within the pharmaceuticals sector.
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