Synoptics Technologies Ltd Hits Lower Circuit Limit at Rs 79.45 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 79.45, reflecting a decline of Rs 4.15 or 4.96% from the previous close. Notably, the stock's low price matched its high price for the day, both recorded at Rs 79.45, indicating a lack of upward movement during trading.
The total traded volume reached 0.012 lakh shares, resulting in a turnover of approximately Rs 0.009534 crore. In terms of performance, Synoptics Technologies underperformed its sector, which saw a decline of 0.66%, while the broader Sensex index recorded a slight gain of 0.15%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a bearish trend.

Despite a notable increase in delivery volume, which rose by 92.31% against the 5-day average, the overall market sentiment remains cautious. As of now, Synoptics Technologies continues to navigate a challenging trading environment, reflecting broader market dynamics.