Supreme Power Equipment Ltd Hits Lower Circuit Limit with Intraday Low of Rs 206.35

Supreme Power Equipment Ltd, operating in the Other Electrical Equipment industry, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 208.0, reflecting a decline of Rs 9.2 or 4.24% from the previous session. The stock's performance was notably below the sector average, underperforming by 3.36%.
During the trading session, Supreme Power Equipment reached an intraday high of Rs 218.0 and a low of Rs 206.35, indicating a price band of 5%. The total traded volume was recorded at 0.45 lakh shares, resulting in a turnover of approximately Rs 0.949725 crore.

Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, the stock fell short of the 5-day moving average, suggesting a recent shift in momentum. Additionally, investor participation has decreased, with delivery volume dropping by 14.46% compared to the 5-day average.

In summary, Supreme Power Equipment Ltd's stock faced downward pressure today, marked by its lower circuit limit and overall underperformance relative to the sector.