Twamev Constructions Experiences Notable Stock Activity Amid Market Sentiment Shift
Twamev Constructions & Infrastructure Ltd experienced notable stock activity today, reaching an intraday high and marking a positive trend reversal after previous declines. The trading volume was approximately 0.69671 lakh shares, with the stock closing higher. It currently shows mixed performance against various moving averages.
Twamev Constructions & Infrastructure Ltd, a microcap player in the construction industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 27.13, reflecting a notable increase of 4.99% from its previous close. This upward movement marks a positive trend reversal after two consecutive days of decline, with the stock closing at Rs 27.00, up by Rs 1.16 or 4.49%.The trading volume today was approximately 0.69671 lakh shares, contributing to a turnover of Rs 0.184976505 crore. Despite a slight decrease in delivery volume, which fell by 4.79% against the five-day average, the stock has outperformed its sector by 1.79%.
In terms of moving averages, Twamev's stock is currently above the 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. The stock's liquidity appears adequate for trading, with a delivery volume of 10.09k shares noted on June 27. Overall, Twamev Constructions & Infrastructure Ltd's performance today highlights a significant rebound in its stock activity, reflecting a positive shift in market sentiment.
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