Gayatri Highways Ltd Hits Lower Circuit Limit, Closes at Rs 3.88 After 14.54% Decline

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 3.88. The stock recorded a change of -0.21, reflecting a decline of 5.13% in its last traded price. This downturn marks the third consecutive day of losses for Gayatri Highways, with a cumulative drop of 14.54% over this period.
The stock's performance today underperformed its sector, which saw a slight increase of 0.35%. Notably, the total traded volume reached approximately 0.51249 lakh shares, resulting in a turnover of Rs 0.0199 crore. The stock's price band is set at 5%, indicating limited movement within this range.

In terms of moving averages, Gayatri Highways is currently above the 20-day, 50-day, 100-day, and 200-day averages, yet it remains below the 5-day average. Additionally, investor participation has declined, with delivery volume dropping by 31.9% compared to the 5-day average. Overall, the stock's performance today reflects ongoing challenges within the market context.