Volume buzzers: Top 5 stocks from Nifty 500 attracted heavy volumes in the first hour today!
Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.
Are you searching for stocks that attracted heavy volume compared to their average volumes in the first hour of today’s trading session? Then you are in the right place. Here, you will find the top five stocks from the Nifty 500 space that attracted heavy volumes in the first hour today.
KFin Technologies, a leading technology-driven financial services platform, operates in the depository services industry as a Small-Cap company. Today, it saw a significant volume of 11,893,125 shares traded, compared to its average volume of 302,594.6 shares, representing a remarkable 39.3 times the average. The stock is currently trading at around Rs 692.75, reflecting a decline of 6.88 per cent. KFin Technologies provides a wide range of services and solutions to asset managers and corporate issuers across various asset classes in India. Additionally, it offers several investor solutions, including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines, and Hong Kong.
Emami Ltd, a small-cap company in the fast-moving consumer goods sector, recorded a trading volume of 6,818,006 shares today, significantly higher than its average volume of 602,149.4 shares, making it 11.32 times the usual trading volume. The stock is currently trading at Rs 596.75, having increased by 13.92 per cent. Emami is known for its extensive portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Kesh King, Zandu Pancharishta, and Mentho Plus Balm. The company specializes in manufacturing and marketing personal care and healthcare products.
IRB Infrastructure Developers Ltd, a small-cap company in the infrastructure sector, experienced an extraordinary trading volume of 235,582,866 shares today, which is 6.9 times its average volume of 34,163,032.4 shares. The stock is currently priced at Rs 66.65, down by 8.32 per cent. This company has a strong presence in infrastructure development and construction, particularly in the roads and highways sector. Besides, IRB is involved in other segments such as road maintenance, construction, airport development, and real estate. The company’s shares have delivered impressive multibagger returns of around 137 per cent in the past year.
KNR Constructions Ltd, another small-cap company in the infrastructure industry, saw a trading volume of 7,134,725 shares today, which is 5.38 times its average volume of 1,326,430.8 shares. The stock is currently trading at Rs 295.5, with an increase of 5.55 per cent. Incorporated in 1995 and based in Hyderabad, KNR Constructions Ltd. specializes in infrastructure project development, offering EPC services in various segments including roads and highways, irrigation, and urban water infrastructure management.
Kajaria Ceramics, operating in the construction materials industry as a small-cap company, traded 644,154 shares today, which is 3.47 times its average volume of 185,687.6 shares. The stock is currently valued at Rs 1236.25, showing a decrease of 2.63 per cent. Kajaria Ceramics Ltd. is primarily engaged in the manufacturing and trading of ceramic and vitrified tiles. It holds the distinction of being the largest manufacturer of ceramic and vitrified tiles in India and the eighth largest in the world.
Investors must keep these stocks on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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