Synoptics Technologies Ltd Hits Lower Circuit Limit at Rs 86.25 Amid Decline
Synoptics Technologies Ltd, a microcap in the Computers - Software & Consulting sector, faced significant trading activity as its stock hit the lower circuit limit. The stock's performance was below the sector average, with limited price movement and a notable increase in delivery volume, indicating changing trading dynamics.
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 86.25, reflecting a decline of Rs 4.5 or 4.96% from the previous close. The stock's performance was notably below the sector average, underperforming by 6.28%.During the trading session, Synoptics Technologies reached a high of Rs 86.3 and a low of Rs 86.25, indicating limited price movement within the day's range. The total traded volume was recorded at 0.042 lakh shares, with a turnover of Rs 0.036 crore.
In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Interestingly, there was a notable increase in delivery volume, which rose by 257.14% compared to the 5-day average, indicating a shift in trading dynamics.
Overall, Synoptics Technologies Ltd's stock performance today highlights a challenging market position, with the stock firmly hitting its lower circuit limit and reflecting broader trends within the sector.
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