Highlights
- Indo Thai Securities (NSE: INDOTHAI) hit its third consecutive 10% lower circuit.
- The stock remained locked at ₹122.94 throughout the trading session.
- June quarter consolidated net profit rose to ₹1,102.61 lakh.
- The stock traded well below its 50-day moving average.
- RSI slipped to 11.77, indicating deeply oversold conditions.
- Investors may monitor price stability after the recent sharp decline.
Overview
Indo Thai Securities Limited, a financial services company engaged in stock broking and related investment services, remained under heavy selling pressure as its shares hit a third consecutive 10% lower circuit on the NSE. The stock opened at ₹122.94 and remained locked at the same level throughout the session without any recovery, extending its recent decline. The continued lower circuits have placed the stock among the weakest performers in recent trading sessions despite healthy quarterly earnings.
Fundamental View
For the quarter ended June 2026, the company reported consolidated total income of ₹2,076.50 lakh. Profit before tax stood at ₹1,489.49 lakh, while net profit came in at ₹1,102.61 lakh. Earnings per share were reported at ₹0.86. The quarterly performance reflected healthy profitability; however, the sharp decline in the share price suggests that market participants are currently focused on price action and liquidity rather than recent financial performance.
Technical View
The daily chart indicates a pronounced downtrend, with the stock remaining locked in its third straight lower circuit. The price has fallen significantly below the 50-day simple moving average of ₹222.19, reflecting sustained technical weakness. The 14-day RSI declined to 11.77, highlighting extremely oversold momentum following the recent selloff. Market participants may watch for signs of price stabilization, although the prevailing trend remains weak until the stock is able to reclaim important trading levels.
Key Technical Levels
The immediate support is placed near ₹122.94, followed by the next support around ₹116.80. On the upside, the immediate resistance is seen near ₹136.60, while the next resistance is placed around ₹150.25.
Risks to Watch
- Continued lower circuit sessions.
- Weak market sentiment.
- Liquidity constraints.
- Elevated price volatility.
- Broader weakness in small-cap stocks.
Summary
Indo Thai Securities remained under significant pressure after hitting its third consecutive lower circuit, extending its recent decline. Although the company reported strong June quarter earnings, the stock continues to reflect a weak technical structure, trading well below its medium-term moving average with the RSI in deeply oversold territory. Investors may monitor future trading activity, liquidity conditions and whether the stock is able to stabilize after the recent sharp correction.
Q: Why did Indo Thai Securities hit a third consecutive lower circuit?
A: The stock remained under persistent selling pressure, resulting in its third straight 10% lower circuit on the NSE.
Q: What was the latest traded price of Indo Thai Securities?
A: The stock remained locked at ₹122.94 throughout the trading session.
Q: How were the company's latest quarterly results?
A: For the quarter ended June 2026, the company reported consolidated total income of ₹2,076.50 lakh and net profit of ₹1,102.61 lakh.
Q: What does the technical chart indicate?
A: The stock is trading well below its 50-day moving average, while the RSI has dropped to 11.77, indicating extremely oversold conditions.
Q: What should investors monitor going forward?
A: Investors may track trading volumes, price stability, future quarterly performance and whether the stock is able to recover from the recent series of lower circuits.