Sonu Infratech Hits Lower Circuit Limit at Rs 88.45 Amid Declining Trading Volume

Sonu Infratech Ltd, a microcap player in the construction industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 90.25, reflecting a decline of Rs 2.85 or 3.06% from the previous close. The stock's performance was notably below sector benchmarks, underperforming by 1.18%.
During the trading session, Sonu Infratech reached a high of Rs 94.00 and a low of Rs 88.45, indicating a price band of 5%. The total traded volume stood at 1.5 lakh shares, with a turnover of approximately Rs 1.3353 crore. Notably, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend in its price performance.

Investor participation has also seen a decline, with delivery volume dropping by 66.02% compared to the 5-day average. Despite the liquidity being adequate for trades of Rs 0.01 crore, the overall market sentiment around Sonu Infratech remains cautious. The stock's performance today underscores the challenges it faces in the current market environment.