Sri Havisha Hospitality Stock Hits Lower Circuit Limit at Rs 1.89

Sri Havisha Hospitality & Infrastructure Ltd, a microcap player in the Hotels & Resorts industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 1.92, reflecting a decline of Rs 0.07, or 3.52%. The stock's performance was notably impacted by its low price of Rs 1.89, which contributed to the circuit limit being reached.
Throughout the trading session, the stock reached an intraday high of Rs 2.04, but ultimately closed lower. The total traded volume was approximately 0.13984 lakh shares, resulting in a turnover of Rs 0.002698912 crore. Despite the downturn, the stock outperformed its sector by 1.6% today, although it remains below the 50-day, 100-day, and 200-day moving averages.

Investor participation has seen a decline, with delivery volume dropping by 83.54% compared to the five-day average. The liquidity of the stock remains adequate for trading, based on 2% of the five-day average traded value. Overall, Sri Havisha Hospitality & Infrastructure Ltd's performance today highlights the challenges faced in the current market environment.