Reliance Infrastructure Stock Hits Lower Circuit Limit at Rs 212.82 Amid Market Decline

Reliance Infrastructure Ltd, a small-cap player in the power industry, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 214.32, reflecting a decline of Rs 11.29 or 5.0% from the previous session. During the trading day, it reached an intraday low of Rs 212.82, marking a decrease of 2.3%.
The stock's performance today underperformed its sector by 1.91%, with a total traded volume of approximately 10.32 lakh shares and a turnover of Rs 22.70 crore. Reliance Infrastructure is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.

Despite the downturn, there was a notable increase in delivery volume, which rose by 142.39% compared to the 5-day average, suggesting heightened investor participation. The stock's liquidity remains adequate for trades around Rs 0.69 crore, based on 2% of the 5-day average traded value.

In summary, Reliance Infrastructure's performance today highlights a challenging market environment, with the stock firmly positioned at its lower circuit limit.