Synoptics Technologies Ltd Hits Lower Circuit Limit at Rs 77.85 Amid Decline

Synoptics Technologies Ltd, a microcap player in the Computers - Software & Consulting industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 77.85, reflecting a decline of Rs 4.1 or 5.0% from the previous session. The stock's performance was notably below its recent moving averages, indicating a downward trend over various time frames.
During the trading session, Synoptics Technologies reached a high of Rs 78.5 and a low of Rs 77.85, with a total traded volume of 0.024 lakh shares and a turnover of approximately Rs 0.0187 crore. The stock's price band was set at 5%, highlighting the volatility in its trading range.

Despite a rise in delivery volume, which increased by 87.5% compared to the five-day average, the overall market sentiment remained cautious. The stock's 1-day return was recorded at -5.00%, contrasting with a slight decline in its sector and a modest gain in the broader Sensex index.

In summary, Synoptics Technologies Ltd's stock faced downward pressure today, reflecting broader market trends and specific challenges within its trading environment.