Housing Development & Infrastructure Ltd Sees Surge Amid Declining Investor Participation

Apr 03 2025 10:01 AM IST
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Housing Development & Infrastructure Ltd, a microcap in the construction and real estate sector, reached its upper circuit limit today, with significant trading activity. The stock has gained for three consecutive days, reflecting a notable upward trend, despite a decline in investor participation and delivery volume.
Housing Development & Infrastructure Ltd, a microcap player in the construction and real estate sector, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 2.8. The stock experienced a positive change of Rs 0.13, translating to a 4.87% increase, outperforming its sector by 4.76%.

Throughout the trading session, the stock recorded a low of Rs 2.61 and a total traded volume of approximately 2.48 lakh shares, resulting in a turnover of around Rs 0.069 crore. Notably, the stock has been on an upward trajectory, gaining for three consecutive days and achieving a total return of 15.29% during this period.

In terms of moving averages, the stock is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. However, there has been a decline in investor participation, with delivery volume dropping by 64.13% compared to the 5-day average.

Overall, Housing Development & Infrastructure Ltd's performance today reflects a strong upward movement, marking a notable achievement in its trading activity.
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