Reliance Infrastructure Stock Hits Upper Circuit Limit with Intraday High of Rs 255.79

Reliance Infrastructure Ltd, a small-cap player in the power industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 255.79, reflecting a significant change of Rs 11.79 or 4.84% from the previous close. The last traded price was Rs 255.4, indicating strong market interest.
The stock's performance today outpaced its sector by 3.01%, and it has been on a positive trajectory, gaining 3.68% over the last two days. The total traded volume reached approximately 6.85 lakh shares, resulting in a turnover of Rs 17.16 crore. Notably, the stock's liquidity remains robust, with delivery volume increasing by 103.28% compared to the five-day average.

Despite the stock trading higher than its five-day moving averages, it remains below the longer-term moving averages of 20, 50, 100, and 200 days. Overall, Reliance Infrastructure's performance today underscores its active trading status and resilience in the market, reflecting a positive sentiment among participants.