Gayatri Highways Ltd Hits Lower Circuit Limit, Closes at Rs 3.24

Gayatri Highways Ltd, a microcap player in the transport infrastructure sector, has experienced significant trading activity today, hitting its lower circuit limit at a low price of Rs 3.24. The stock recorded a change of -0.18, reflecting a decline of 5.26% from the previous trading session. This marks the third consecutive day of losses for Gayatri Highways, with a total decline of 14.51% over this period.
The stock's performance today underperformed the sector, which saw a modest gain of 0.65%. Notably, the total traded volume reached approximately 0.75444 lakh shares, resulting in a turnover of Rs 0.0244 crore. The stock's liquidity remains adequate, with trading activity based on 2% of the five-day average traded value.

In terms of moving averages, Gayatri Highways is currently positioned higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages. Additionally, investor participation has notably decreased, with delivery volume dropping by 93.63% compared to the five-day average.

Overall, Gayatri Highways Ltd's performance today reflects ongoing challenges in the market, as evidenced by its significant decline and reduced trading activity.