GVK Power & Infrastructure Hits Lower Circuit Limit at Rs 3.45 Amid Declining Performance

GVK Power & Infrastructure Ltd, a microcap company in the construction industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 3.45, reflecting a decline of Rs 0.08 or 2.27% from the previous close. The stock's performance has been underwhelming, underperforming its sector by 1.67% and showing a consecutive decline over the last three days, with a total drop of 6.23% during this period.
The stock reached an intraday high of Rs 3.54 and a low of Rs 3.45, indicating limited price movement within the day. Total traded volume stood at approximately 2.93 lakh shares, with a turnover of Rs 0.10 crore. Notably, GVK Power & Infrastructure is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend.

Investor participation appears to be waning, with delivery volume dropping by 47.54% compared to the 5-day average. Overall, the stock's performance today reflects ongoing challenges in the market, with liquidity remaining adequate for small trade sizes.