GVK Power & Infrastructure Stock Hits Upper Circuit Limit at Intraday High of Rs 3.39

GVK Power & Infrastructure Ltd, a microcap player in the construction industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 3.39, reflecting a change of Rs 0.03 or a 0.9% increase from the previous trading session. The last traded price stood at Rs 3.36, with a price band of 2%.
Throughout the day, the stock experienced a low of Rs 3.33 and recorded a total traded volume of approximately 1.17 lakh shares, resulting in a turnover of Rs 0.039 crore. Notably, GVK Power & Infrastructure has outperformed its sector by 1.82% today and has been on a gaining streak for the last two days, accumulating a total return of 3.67% during this period.

Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock remains liquid enough for trading, with a delivery volume of 24,790 shares on October 21, which has seen a decline of 62.74% compared to the 5-day average. Overall, GVK Power & Infrastructure's performance today highlights its resilience in the market, particularly with its recent upward movement.