Kridhan Infra Faces Trading Volatility Amid Increased Investor Participation and Sector Underperformance

Kridhan Infra Ltd, a microcap player in the construction industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 4.92, reflecting a decline of Rs 0.26 or 5.02% from the previous close. The stock's performance was notably below the sector average, underperforming by 2.59%.
During the trading session, Kridhan Infra reached an intraday high of Rs 5.39 and a low of Rs 4.92, indicating a price band of 5%. The total traded volume amounted to approximately 0.56661 lakh shares, with a turnover of Rs 0.028 crore.

Despite today's downturn, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there was a notable increase in delivery volume, which rose by 159.27% compared to the 5-day average, suggesting heightened investor participation.

In summary, Kridhan Infra's stock faced a challenging day, marked by a significant drop and hitting its lower circuit limit, while overall market conditions reflected a broader decline.