Twamev Construction & Infrastructure Ltd Hits Lower Circuit Limit at Rs 30.07

Twamev Construction & Infrastructure Ltd, a microcap player in the construction industry, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at a last traded price of Rs 30.11, reflecting a decline of Rs 1.55 or 4.9% from the previous session. The stock's performance has been notably weak, underperforming its sector by 4.36% and marking a consecutive fall over the last four days, resulting in an overall drop of 8.29% during this period.
Today's trading saw the stock reach a high of Rs 30.86 and a low of Rs 30.07, with a total traded volume of approximately 0.52404 lakh shares and a turnover of Rs 0.158 crore. The price band for the day was set at 5%, indicating the stock's volatility.

Despite being above the 50-day and 100-day moving averages, Twamev's stock is currently below the 5-day, 20-day, and 200-day moving averages, suggesting a challenging market position. Additionally, investor participation has dwindled, with delivery volume plummeting by 96.71% compared to the 5-day average.

In summary, Twamev Construction & Infrastructure Ltd's stock has faced notable downward pressure today, reflecting broader challenges in its market performance.