GVP Infotech Stock Hits Upper Circuit Limit with High Price of Rs 10.4

GVP Infotech Ltd, a microcap player in the Computers - Software & Consulting industry, has shown remarkable activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 10.4, reflecting a notable increase of Rs 0.68 or 7.19% from its last traded price of Rs 10.14. The price band for the day was set at 10%, indicating a robust trading session. Throughout the day, GVP Infotech recorded a total traded volume of approximately 0.99232 lakh shares, resulting in a turnover of Rs 0.1007 crore. The stock's performance today outpaced its sector by 6.38%, showcasing its strength in the market. In terms of moving averages, GVP Infotech is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. However, it's worth noting that investor participation has seen a decline, with delivery volume dropping by 49.99% compared to the 5-day average. Overall, GVP Infotech's performance today highlights its significant activity and resilience in the market, marking a positive day for the stock.