Setubandhan Infrastructure Hits Lower Circuit Limit, Closes at Rs 0.61 Amid Decline

Setubandhan Infrastructure Ltd, a microcap company in the construction industry, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 0.63, reflecting a decline of Rs 0.02 or 3.08% from the previous session. The stock's performance has been notably poor, underperforming its sector by 3.73% and recording a consecutive fall over the last three days, resulting in a total decline of 13.7% during this period.
Today's trading saw the stock reach a low price of Rs 0.61, with an intraday high of Rs 0.63. The total traded volume was approximately 0.26883 lakh shares, contributing to a turnover of Rs 0.00164 crore. Setubandhan Infrastructure is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

Despite a notable increase in delivery volume on October 1, which rose by 810.5% against the 5-day average, the stock's liquidity remains limited, with trading activity reflecting only 2% of the average traded value. Overall, Setubandhan Infrastructure's performance today underscores ongoing challenges within the market.