Uravi Defence & Technology Hits Lower Circuit Limit at Rs 203.21, Marks 52-Week Low

Uravi Defence & Technology Ltd, a microcap player in the Auto Components & Equipments sector, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) was Rs 203.21, marking a decline of Rs 10.7 or 5.0% from the previous close. The stock reached an intraday high of Rs 221.55 before falling to a low of Rs 203.21, which also represents a new 52-week low.
Total traded volume for the day was approximately 0.16833 lakh shares, resulting in a turnover of Rs 0.3437 crore. The stock has shown high volatility, with an intraday volatility of 7.43%. Notably, Uravi Defence & Technology has underperformed its sector by 3.45% and has seen a consecutive decline over the past two days, with a total drop of 7.42% during this period.

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. The delivery volume has also decreased significantly, falling by 62.02% compared to the 5-day average. Overall, Uravi Defence & Technology's performance today reflects a difficult trading environment, characterized by notable declines and reduced investor participation.