Reliance Home Finance Stock Hits Lower Circuit Limit at Rs 3.36 Today

Reliance Home Finance Ltd, a microcap player in the housing finance sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 3.48, reflecting a decline of Rs 0.06 or 1.69% from the previous close. The stock's performance today was notably below the sector average, underperforming by 1.73%. Throughout the trading session, Reliance Home Finance reached an intraday high of Rs 3.70 and a low of Rs 3.36, indicating a price band of 5%. The total traded volume amounted to approximately 8.67 lakh shares, with a turnover of Rs 0.31 crore. Despite the stock's recent decline, it remains above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there was a rise in investor participation, with delivery volume increasing by 42.68% compared to the 5-day average. In summary, Reliance Home Finance's stock faced downward pressure today, hitting its lower circuit limit, while overall market conditions showed mixed performance.