Supreme Infrastructure India Ltd Hits Lower Circuit Limit at Rs 87.2 Amid Decline

Supreme Infrastructure India Ltd, a microcap player in the construction industry, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 88.0, reflecting a decline of Rs 3.79 or 4.13% from the previous trading session. Notably, it reached an intraday low of Rs 87.2, marking a 5% drop from its opening price, which also saw a gap down of 5%.
The stock traded within a narrow range of Rs 0.6 throughout the day, indicating limited price movement. Total traded volume was recorded at 0.00849 lakh shares, with a turnover of Rs 0.007416864 crore. Supreme Infrastructure India underperformed its sector, which saw a 1D return of -0.10%, while the broader Sensex declined by 0.20%.

Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend in its performance. Investor participation has also waned, with delivery volume dropping by 93.03% compared to the 5-day average. Overall, Supreme Infrastructure India Ltd's performance today reflects a challenging market environment for the company.