Thomas Scott India Ltd Hits Lower Circuit Limit with Intraday Low of Rs 330.85

Thomas Scott India Ltd, a microcap player in the Garments & Apparels industry, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 333.85, reflecting a decline of Rs 14.4 or 4.13% from the previous trading session. Notably, the stock reached an intraday low of Rs 330.85, marking a 5% drop during the day.
The total traded volume stood at approximately 0.27787 lakh shares, resulting in a turnover of Rs 0.9355 crore. The stock has been underperforming, with a consecutive decline over the past five days, accumulating a total loss of 13.03% during this period. Today's performance also saw the stock underperforming its sector by 4.23%.

Despite being above the 200-day moving averages, the stock is currently 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 dropping by 64.09% compared to the five-day average.

In summary, Thomas Scott India Ltd's performance today highlights a notable decline, characterized by high volatility and reduced investor engagement, reflecting the current challenges faced by the stock.