TruCap Finance Ltd Hits Lower Circuit Limit, Closes at Rs 9.49 Amid Decline

TruCap Finance Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has experienced significant activity today, hitting its lower circuit limit with a last traded price of Rs 9.49. The stock has seen a decline of Rs 0.50, translating to a percentage change of -5.01%. The price band for the day was set at 5%, with an intraday high of Rs 10.14 and a low of Rs 9.49.
In terms of trading volume, approximately 3.30 lakh shares were exchanged, resulting in a turnover of Rs 0.32 crore. The stock has underperformed its sector by 6.03% and has been on a downward trend, recording a consecutive fall over the last three days, with a total decline of 14.27% during this period. TruCap Finance is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

Despite a rise in delivery volume, which increased by 54.62% compared to the 5-day average, the overall performance reflects a cautious sentiment among investors. As the trading day concludes, TruCap Finance's performance underscores the volatility and challenges faced in the current market environment.