Enviro Infra Engineers Ltd. (EIEL) saw a sharp decline in its stock price, falling 6.90% to ₹192.58 on the NSE, hitting a 52-week low of ₹190.03. The stock opened at ₹209.88 but faced significant selling pressure during the session.
Stock Performance Overview
- Opening Price: ₹209.88
- Day’s High: ₹209.88
- Day’s Low: ₹190.03 (New 52-week low/All time low since IPO debut)
- Previous Close: ₹206.85
- Average Price: ₹198.00
- Trading Volume: 17,11,565 shares
- Lower/Upper Circuit: ₹165.48 – ₹248.22
- 52-Week Range: ₹190.03 – ₹391.60
Market Sentiment & Implications
- The stock opened strong at ₹209.88 but plunged to ₹190.03, reflecting heavy selling.
- With EIEL trading near its lower circuit, investor sentiment appears cautious.
- The high trading volume of over 1.7 million shares suggests heightened activity, possibly driven by institutional trades or broader market trends.
EIEL’s recent weakness could be due to market volatility or sector-specific concerns, and investors will be closely monitoring any signs of recovery or further downside movement in the coming sessions.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Please consult with a financial expert before making any investment decisions.
