Gayatri Highways Stock Hits Upper Circuit Limit at Rs. 3.42, Achieves New 52-Week High
Gayatri Highways Ltd, a microcap in transport infrastructure, reached a new 52-week high, trading at Rs. 3.42. The stock has gained for 11 consecutive days, accumulating a 66.83% return. Despite a drop in delivery volume, it remains liquid, outperforming its sector significantly.
Gayatri Highways Ltd, a microcap player in the transport infrastructure sector, has made headlines today by hitting its upper circuit limit with a notable high price of Rs. 3.42. The stock experienced a positive change of 0.16, translating to a 4.91% increase, and has shown remarkable performance by outperforming its sector, which only saw a 0.49% return today.The stock has been on a consistent upward trajectory, gaining for the last 11 consecutive days and accumulating an impressive 66.83% return during this period. Today's trading saw a total volume of approximately 1.19506 lakh shares, with a turnover of Rs. 0.04087 crore. Notably, Gayatri Highways is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.
Despite a decline in delivery volume, which fell by 47.86% against the 5-day average, the stock remains liquid enough for trading activities. Overall, Gayatri Highways Ltd's performance today reflects a robust upward trend, marking a significant milestone with its new 52-week high.
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