Consolidated Construction Consortium Ltd Experiences Notable Rebound Amid Increased Market Activity

May 29 2025 01:00 PM IST
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Consolidated Construction Consortium Ltd experienced a notable trading session, reaching its upper circuit limit and showing strong buying interest. The stock's performance marked a reversal after three days of decline, with robust trading volume and a significant rebound in market sentiment, despite a decline in delivery volume.
Consolidated Construction Consortium Ltd, a microcap player in the realty sector, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 20.29, reflecting a notable change of 0.96, which translates to a 4.97% increase. This performance stands out as it outperformed the sector by 4.8%, marking a trend reversal after three consecutive days of decline.

The stock's trading activity was robust, with a total traded volume of approximately 3.37 lakh shares and a turnover of around Rs 0.67 crore. The last traded price (LTP) matched the day's high, indicating strong buying interest. The price band for the day was set at 5%, showcasing the stock's volatility within the trading session.

In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day averages, although it remains below the 5-day average. Notably, delivery volume has seen a decline of 62.29% compared to the 5-day average, suggesting a decrease in investor participation.

Overall, Consolidated Construction Consortium Ltd's performance today reflects a significant rebound, with key metrics indicating a positive shift in market sentiment.
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