Supreme Infrastructure India Ltd Stock Hits Lower Circuit Limit at Rs 83.37

Supreme Infrastructure India Ltd, a microcap player in the construction industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price was Rs 84.0, reflecting a decline of Rs 3.76 or 4.28% from the previous close. The stock reached an intraday low of Rs 83.37, marking a 5% drop during the session.
The trading volume was notably low, with a total of 0.10876 lakh shares exchanged, resulting in a turnover of approximately Rs 0.0914 crore. The stock has been on a downward trend, underperforming its sector by 4.22% and showing a consecutive decline over the past two days, with a total drop of 9.07% in returns during this period.

Supreme Infrastructure is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume plummeting by 80.2% compared to the 5-day average. The stock is now 3.55% away from its 52-week low of Rs 81.02, highlighting its current struggles in the market. Overall, the performance of Supreme Infrastructure India Ltd today reflects ongoing challenges within the stock.