Twamev Construction & Infrastructure Ltd Hits Lower Circuit Limit at Rs 29.84
Twamev Construction & Infrastructure Ltd faced notable trading activity as its stock hit the lower circuit limit, closing at Rs 29.84. The stock's performance was marked by a significant drop in investor participation, with delivery volume decreasing sharply compared to recent averages, indicating a challenging market environment.
Twamev Construction & Infrastructure Ltd, a microcap player in the construction industry, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at Rs 29.84, reflecting a decline of Rs 1.58 or 5.03% from the previous trading session. This drop marks a notable underperformance compared to its sector, which saw a slight gain of 0.56%.During the trading day, Twamev's stock reached an intraday low of Rs 29.84, with a high of Rs 31.85. The total traded volume was approximately 2.54 lakh shares, resulting in a turnover of around Rs 0.77 crore. Notably, the stock's performance today was characterized by a significant decrease in investor participation, with delivery volume plummeting by 78.38% compared to the five-day average.
Despite trading above its 20-day, 50-day, and 100-day moving averages, Twamev's stock remains below its 5-day and 200-day moving averages. Overall, the stock's performance today reflects a challenging market environment, with a 1D return of -4.71%.
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