Uravi Defence Faces Trading Turbulence Amid High Volatility and Declining Performance

Mar 19 2025 02:00 PM IST
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Uravi Defence & Technology Ltd, a microcap in the auto ancillary sector, faced significant trading activity, hitting its lower circuit limit and closing at Rs 295.0. The stock has underperformed its sector and experienced high volatility, with a notable decline over the past three days amid challenging market conditions.
Uravi Defence & Technology Ltd, a microcap player in the auto ancillary sector, experienced significant trading activity today, hitting its lower circuit limit. The stock closed at Rs 295.0, reflecting a notable decline of Rs 69.45 or 19.06% from the previous trading session. The stock's performance has been underwhelming, underperforming its sector by 19.16% and marking a consecutive fall over the last three days, with a total decline of 19.43% during this period.

Today, Uravi Defence & Technology reached an intraday high of Rs 388.0 before dropping to a low of Rs 291.6, showcasing a wide trading range of Rs 96.4. The total traded volume was approximately 0.49717 lakh shares, resulting in a turnover of Rs 1.53 crore. The stock has shown high volatility, with an intraday volatility of 25.16%.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. With a market capitalization of Rs 407.00 crore, Uravi Defence & Technology continues to navigate a turbulent trading environment. Overall, the stock's performance today reflects ongoing challenges within the market.
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