GVK Power & Infrastructure Stock Hits Upper Circuit Limit with Intraday High of Rs 3.66
GVK Power & Infrastructure Ltd experienced notable trading activity, reaching its upper circuit limit with a high of Rs 3.66. The stock recorded a total volume of approximately 2.64915 lakh shares and has gained for three consecutive days, indicating strong investor interest and positive momentum in its performance.
GVK Power & Infrastructure Ltd, a microcap player in the construction industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 3.66. The stock experienced a positive change of Rs 0.06, translating to a 1.67% increase. The last traded price stood at Rs 3.65, indicating a strong performance relative to its sector, outperforming by 0.9%.Throughout the trading session, GVK Power & Infrastructure recorded a total traded volume of approximately 2.64915 lakh shares, resulting in a turnover of Rs 0.096 crore. The stock has been on an upward trajectory, gaining for three consecutive days and achieving a total return of 4.62% over this period.
In terms of moving averages, the stock is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day averages. Notably, investor participation has risen, with delivery volume on October 3 reaching 2.92 lakh shares, a 129.05% increase compared to the 5-day average.
Overall, GVK Power & Infrastructure Ltd has demonstrated robust performance today, reflecting positive momentum in its trading activity.
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