Puravankara Ltd Experiences Surge in Trading Activity Amid Strong Market Interest
Puravankara Ltd, a mid-cap construction and real estate firm, experienced significant trading activity, reaching its upper circuit limit. The stock saw a notable increase and recorded a total traded volume of 1.4529 lakh shares, reflecting strong market interest and positive momentum in the sector.
Puravankara Ltd, a mid-cap player in the construction and real estate sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 267.15, reflecting a 5% increase from its previous close. The last traded price stands at Rs 254.58, marking a notable change of Rs 12.12 or 5.0% for the day.In terms of trading volume, Puravankara recorded a total traded volume of 1.4529 lakh shares, resulting in a turnover of approximately Rs 3.66 crore. The stock has been on an upward trajectory, gaining 7.42% over the last two days and outperforming its sector by 1.49% today. It opened with a gap up of 3.37%, indicating strong market interest.
While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Despite a decline in delivery volume, the stock maintains sufficient liquidity for trading activities.
Overall, Puravankara Ltd's performance today highlights its strong market position and positive momentum within the construction and real estate industry.
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