RKEC Projects Ltd Faces Trading Challenges Amid Declining Investor Engagement

Apr 30 2025 01:00 PM IST
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RKEC Projects Ltd, a microcap engineering firm, faced notable trading activity as its stock hit the lower circuit limit, closing at Rs 72.45. The stock underperformed compared to sector averages, with a significant drop in investor participation and a decline in delivery volume during the session.
RKEC Projects Ltd, a microcap company in the engineering sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 72.45, reflecting a decline of Rs 2.86 or 3.8% from the previous close. The stock's performance was notably below the sector average, underperforming by 4.01%.

During the trading session, RKEC Projects reached an intraday high of Rs 75.5 and a low of Rs 71.54, indicating a price band of 5%. The total traded volume was approximately 0.15866 lakh shares, resulting in a turnover of Rs 0.1157 crore.

In terms of moving averages, the stock is currently higher than its 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages. Additionally, investor participation has seen a decline, with delivery volume dropping by 42.45% compared to the 5-day average.

Overall, RKEC Projects Ltd's stock performance today reflects a challenging trading environment, marked by a significant drop and reduced investor engagement.
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