Thomas Scott India Ltd Faces Trading Challenges Amid Declining Stock Performance

Jun 02 2025 10:02 AM IST
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Thomas Scott India Ltd, a microcap in the Garments & Apparels sector, faced notable trading activity as its stock reached the lower circuit limit. The stock has been declining for five consecutive days, despite remaining above its 100-day and 200-day moving averages, indicating ongoing market challenges.
Thomas Scott India Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price was Rs 313.05, reflecting a decline of Rs 16.45 or 4.99% from the previous close. The stock opened with a gap down of 5%, reaching an intraday low of Rs 297.4.

Today's trading volume was notably low, with a total of 0.18645 lakh shares traded, resulting in a turnover of approximately Rs 0.58 crore. The stock has been on a downward trend, losing ground for the past five consecutive days, with a cumulative decline of 12.11% during this period.

Despite the recent performance, the stock remains above its 100-day and 200-day moving averages, although it is currently below the 5-day, 20-day, and 50-day moving averages. The liquidity of the stock appears adequate, with delivery volume showing a slight increase compared to the five-day average.

In summary, Thomas Scott India Ltd's performance today underscores ongoing challenges, as the stock continues to navigate a difficult market environment.
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