Twamev Constructions Faces Trading Challenges Amid Broader Market Sentiment Shift

Twamev Constructions & Infrastructure Ltd, a microcap player in the construction industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 23.13, reflecting a decline of Rs 1.22 or 5.01% from the previous close. The stock's performance was notably below sector benchmarks, underperforming by 0.76%.
During the trading session, Twamev reached an intraday high of Rs 24.5 and a low of Rs 23.13, indicating a price band of 5%. The total traded volume amounted to approximately 1.22 lakh shares, resulting in a turnover of Rs 0.29 crore. The stock has also set a new 52-week low today at Rs 22.5.

In terms of moving averages, Twamev Constructions is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a continued downward trend. Despite a slight increase in delivery volume, which rose by 37.46% against the 5-day average, the overall market sentiment remains cautious.

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