Twamev Constructions Faces Continued Decline Amid Decreased Investor Participation
Twamev Constructions & Infrastructure Ltd faced significant trading activity today, hitting its lower circuit limit and closing at Rs 30.24, marking four consecutive days of losses. The stock showed no price fluctuation during the day, with a notable decrease in investor participation and underperformance compared to its sector.
Twamev Constructions & Infrastructure Ltd, a microcap player in the construction industry, has experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 30.24, reflecting a decline of Rs 1.6 or 5.03% from the previous trading session. This marks the fourth consecutive day of losses for Twamev, with a total decline of 15.34% over this period.The stock opened at Rs 30.24 and did not fluctuate beyond this price, indicating a lack of trading range throughout the day. It reached an intraday low of Rs 30.24, aligning with its closing price. The total traded volume was approximately 0.03137 lakh shares, resulting in a turnover of Rs 0.009486288 crore.
In terms of performance, Twamev has underperformed its sector by 5.35% today, while the broader market, represented by the Sensex, saw a slight increase of 0.58%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has notably decreased, with delivery volume dropping by 94.75% compared to the 5-day average.
Overall, Twamev Constructions & Infrastructure Ltd's performance today reflects ongoing challenges, as evidenced by its consistent decline and low trading activity.
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