GVK Power & Infrastructure Stock Hits Upper Circuit Limit at Rs 3.52 Intraday High

GVK Power & Infrastructure Ltd, a microcap player in the construction industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 3.52, reflecting a change of 0.03, or an increase of 0.87%. The last traded price was recorded at 3.49, with a low of 3.40 during the trading session.
The total traded volume for the day was approximately 3.52 lakh shares, resulting in a turnover of around Rs 0.123 crore. Notably, GVK Power & Infrastructure outperformed its sector by 0.47%, marking a trend reversal after three consecutive days of decline. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance in the longer term.

Despite a decline in delivery volume, which fell by 56.01% against the 5-day average, the stock remains liquid enough for trades of Rs 0.01 crore. Overall, GVK Power & Infrastructure's performance today highlights a notable rebound, with the stock's activity reflecting a shift in market dynamics.