Setubandhan Infrastructure Stock Hits Upper Circuit Limit with Intraday High of Rs 0.56

Setubandhan Infrastructure Ltd, a microcap player in the construction industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 0.56, reflecting a change of Rs 0.01 or an increase of 1.85% from the previous close. The stock's performance today outperformed its sector, which recorded a 1.20% return, while the broader Sensex managed a modest 0.24% gain.
The trading volume for Setubandhan Infrastructure was recorded at approximately 0.00071 lakh shares, with a turnover of Rs 3.905 crore. The stock's price band indicates a 5% fluctuation limit, and it has been trading higher than its 5-day and 20-day moving averages, although it remains below the longer-term averages of 50, 100, and 200 days.

Despite a notable drop in delivery volume, which fell by nearly 60% compared to the 5-day average, the stock's liquidity remains adequate for trading. Overall, Setubandhan Infrastructure's performance today highlights its resilience in the market, with a positive return that stands out against its sector peers.