Sonu Infratech Stock Hits Upper Circuit Limit with High Price of 92.25

Sonu Infratech 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 92.25, reflecting a notable increase of 4.35, or 4.95% from the previous close. This performance outpaced the sector's average return of 0.15% and the Sensex's return of 0.45% for the day.
The total traded volume for Sonu Infratech was 1.245 lakh shares, resulting in a turnover of approximately Rs 1.09 crore. The stock's price band was set at 5%, indicating a robust trading session. Despite this positive movement, it is worth noting that Sonu Infratech is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a mixed performance over a longer timeframe.

Additionally, the delivery volume has seen a decline of 17.81% compared to the 5-day average, indicating a decrease in investor participation. Overall, Sonu Infratech's performance today highlights its volatility and potential within the construction sector, as it continues to navigate market dynamics.