Kavveri Defence & Wireless Technologies Achieves Significant Stock Performance Amid Declining Investor Participation

Sep 23 2025 10:00 AM IST
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Kavveri Defence & Wireless Technologies Ltd has experienced significant trading activity, reaching its upper circuit limit and achieving a notable intraday high. The stock has gained for nine consecutive days, reflecting strong momentum, while total traded volume and turnover indicate active market engagement despite a decline in delivery volume.
Kavveri Defence & Wireless Technologies Ltd, a microcap player in the Telecom Equipment & Accessories industry, has shown remarkable activity today, hitting its upper circuit limit with a notable intraday high of Rs 121.56. This represents a change of 5.78 points, translating to a 4.99% increase from the previous trading session. The stock's performance has outpaced its sector by 4.1%, reflecting strong momentum as it has gained for nine consecutive days, accumulating an impressive 126.08% return over this period.

The total traded volume today reached approximately 3.09 lakh shares, resulting in a turnover of around Rs 3.72 crore. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. However, it is worth noting that delivery volume has seen a decline of 67.4% compared to the 5-day average, suggesting a decrease in investor participation.

Overall, Kavveri Defence & Wireless Technologies has demonstrated strong performance metrics today, reinforcing its position in the market without any indications of negative trends.
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