Synoptics Technologies Faces Trading Volatility Amid Broader Market Trends
Synoptics Technologies Ltd, a microcap in the Computers - Software & Consulting sector, saw its stock hit the lower circuit limit during trading, closing at Rs 91.2. The session recorded low trading volume and notable price fluctuations, with the stock's performance diverging from the sector's modest gains.
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 91.2, reflecting a decline of Rs 4.8 or 5.0% from the previous close. The stock's performance today underperformed the sector, which saw a modest gain of 0.39%.The trading session recorded a total volume of 0.036 lakh shares, resulting in a turnover of approximately Rs 0.0334 crore. The stock reached an intraday high of Rs 96.0 but fell to a low of Rs 91.2, marking a notable drop within the established price band of 5%.
Despite the decline, the stock has shown erratic trading patterns, having not traded on two occasions out of the last 20 days. Additionally, while it remains above the 50-day and 100-day moving averages, it is currently below the 5-day, 20-day, and 200-day moving averages.
In summary, Synoptics Technologies Ltd's stock faced downward pressure today, reflecting broader market trends and specific trading dynamics.
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