Gayatri Highways Ltd Hits Lower Circuit Limit, Trading at Rs 4.09

Gayatri Highways Ltd, a microcap company in the transport infrastructure sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 4.09, reflecting a decline of Rs 0.22 or 5.1% from the previous close. The stock's performance today underperformed the sector, which saw a slight increase of 0.15%.
The stock reached an intraday high of Rs 4.09 and a low of Rs 4.09, indicating a lack of upward movement during the trading session. Total traded volume was approximately 0.90858 lakh shares, resulting in a turnover of Rs 0.037 crore. Over the past two days, Gayatri Highways has seen a consecutive decline, with a total drop of 9.91% in returns.

Despite the recent downturn, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day moving average. Notably, there has been a rise in investor participation, with delivery volume increasing by 459% compared to the 5-day average. Overall, Gayatri Highways Ltd's performance today highlights ongoing challenges in the market, as reflected in its recent trading activity.