Synoptics Technologies Faces Trading Challenges Amid Increased Investor Participation
Synoptics Technologies Ltd faced notable trading activity today, with its stock hitting the lower circuit limit. The last traded price was Rs 98.0, marking a decline from the previous session. The stock's performance was below the sector average, despite increased investor participation and delivery volume.
Synoptics Technologies Ltd, operating in the Computers - Software & Consulting sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 98.0, reflecting a decline of Rs 5.1 or 4.95% from the previous session. The stock's performance was notably below the sector average, underperforming by 5.32%.During the trading session, Synoptics Technologies reached a high of Rs 98.0 and a low of Rs 97.95, indicating a narrow trading range. The total traded volume was approximately 0.018 lakh shares, resulting in a turnover of Rs 0.0176 crore.
In terms of moving averages, the stock is currently above its 5-day, 50-day, and 100-day averages but below its 20-day and 200-day averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 188.46% compared to the 5-day average.
Overall, Synoptics Technologies Ltd's stock performance today reflects a challenging market environment, with the stock hitting its lower circuit limit and demonstrating a significant decline in value.
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