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An under-₹100 FMCG small-cap spiked to the 5% upper circuit at ₹73.19 on Feb 3 amid a burst of buying, then whipsawed lower intraday as profit-taking hit thin order books. The scrip’s 14-day RSI near 35.9 suggests it isn’t overbought, but the sharp reversal points to speculative flows and low float. Traders flagged the risk of getting trapped at the circuit with wide bid–ask spreads; tight stops and smaller position sizes are prudent until liquidity normalises.
