Gayatri Highways Stock Hits Upper Circuit Limit with High Price of Rs 3.87
Gayatri Highways Ltd, a microcap in the transport infrastructure sector, reached its upper circuit limit today, with notable trading activity. The stock has gained for six consecutive days, reflecting a strong bullish trend, although investor participation has decreased, as indicated by a drop in delivery volume.
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 3.87. The stock experienced a positive change of Rs 0.18, translating to a 4.88% increase, outperforming its sector, which saw a slight decline of 0.10%. Throughout the trading session, Gayatri Highways recorded a total traded volume of approximately 1.89 lakh shares, resulting in a turnover of Rs 0.073 crore. The stock has been on a consistent upward trajectory, gaining for six consecutive days and accumulating a substantial 32.99% return over this period.
In terms of technical performance, Gayatri Highways is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. However, it is noteworthy that investor participation has seen a decline, with delivery volume dropping by 29.11% compared to the 5-day average.
Overall, Gayatri Highways Ltd's performance today reflects a significant upward movement, reinforcing its position in the market amidst fluctuating investor activity.
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