Thomas Scott India Ltd Faces Increased Selling Pressure Amid Declining Investor Participation

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 335.0, reflecting a decline of Rs 17.25 or 4.9%. The stock opened with a gap down of 3.29% and reached an intraday low of Rs 326, marking a drop of 3.66% during the session.
The stock's performance has been underwhelming, underperforming its sector by 1.41% and showing a consecutive decline over the past four days, with a total drop of 8.28% in that period. Today's trading volume was approximately 0.28249 lakh shares, resulting in a turnover of Rs 0.952 crore.

Despite being above the 200-day moving average, the stock remains below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating a challenging short-term trend. Additionally, investor participation has waned, with delivery volume decreasing by 33.7% compared to the 5-day average.

In summary, Thomas Scott India Ltd's stock has faced notable downward pressure, reflecting broader challenges in market sentiment and performance metrics.