Gayatri Highways Stock Hits Upper Circuit Limit at Rs. 4.76, Sets New 52-Week High

Gayatri Highways Ltd, a microcap player in the transport infrastructure sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs. 4.76. The stock experienced a positive change of Rs. 0.22, translating to a 4.85% increase, outperforming its sector, which returned just 0.27%.
The stock's performance has been impressive over the past 18 days, with a staggering 132.2% increase in returns during this period. Today's trading saw a total volume of approximately 17.78 lakh shares, resulting in a turnover of about Rs. 0.85 crore. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Additionally, investor participation has risen, with delivery volume on October 6 reaching 1.26 lakh shares, a 47.57% increase compared to the 5-day average. With a market capitalization of Rs. 114.07 crore, Gayatri Highways continues to demonstrate robust liquidity, making it a notable entity in the transport infrastructure industry. Overall, the stock's performance today reflects a strong upward momentum and significant investor engagement.