Power & Instrumentation (Gujarat) Ltd Faces Trading Challenges Amid Market Downturn

May 30 2025 10:00 AM IST
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Power & Instrumentation (Gujarat) Ltd faced notable trading activity today, reaching its lower circuit limit and closing at Rs 171.91. The stock has been on a downward trend, losing 7.65% over the past two days, while trading volume and liquidity remained adequate.
Power & Instrumentation (Gujarat) Ltd, operating in the Other Electrical Equipment sector, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 171.91, reflecting a decline of Rs 9.05 or 5% from the previous trading session. Notably, the stock has been on a downward trend, having lost 7.65% over the last two days.

Today's trading saw the stock open at Rs 171.91 and maintain this price throughout the session, reaching an intraday low of Rs 171.91. The total traded volume was approximately 0.07821 lakh shares, resulting in a turnover of Rs 0.134 crore. In terms of performance, the stock underperformed its sector by 5.98%, while the broader market, represented by the Sensex, saw a slight decline of 0.09%.

Despite the recent downturn, the stock remains above its 5-day, 20-day, and 50-day moving averages, although it is below the 100-day and 200-day moving averages. The liquidity appears adequate for trading, with a delivery volume significantly higher than the 5-day average. Overall, Power & Instrumentation (Gujarat) Ltd's performance today reflects ongoing challenges in the market.
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