Synoptics Technologies Ltd Hits Lower Circuit Limit with Intraday Low of Rs 81.95

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) was recorded at Rs 82.0, reflecting a decline of Rs 4.25 or 4.93% from the previous close. The stock's performance was notably below sector expectations, underperforming by 5.45%.
During the trading session, Synoptics Technologies reached a high of Rs 82.1 and a low of Rs 81.95, indicating a narrow trading range. The total traded volume stood at 0.054 lakh shares, with a turnover of Rs 0.0442746 crore. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a downward trend in its performance.

Despite a rise in delivery volume, which increased by 53.85% against the 5-day average, the overall market sentiment remains cautious. The stock's liquidity is deemed adequate for trading, based on 2% of the 5-day average traded value. In summary, Synoptics Technologies Ltd's stock faced a challenging day, reflecting broader market dynamics and sector performance.