Highest Volume in 1-month: Top 10 PSU stocks recorded their highest volume in one-month; watch out!
Top 10 PSU Stocks Witness Record One-Month Trading Volumes, Signaling Strong Investor Interest and Market Momentum
Public Sector Undertakings (PSUs) have witnessed significant trading activity in the past month, with several stocks recording their highest one-month volumes. Here’s a detailed look at these top 10 PSU stocks and their recent market performance.
Bank of India: Bank of India, a leading public sector bank, saw a surge in trading activity with today’s traded volume at 1,47,30,072 shares against an average of 85,66,557. The stock is currently priced at Rs 103.15, reflecting a 4.64 per cent rise. BOI’s market capitalization stands at Rs 46,960.77 crore.
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Bharat Dynamics Limited: Bharat Dynamics Limited, a defense sector PSU specializing in missile production, recorded a trading volume of 32,99,343 shares, surpassing its monthly average of 12,84,223. The stock surged 6.41 per cent to Rs 1,199, with a market capitalization of Rs 43,944.15 crore.
BEML Limited: BEML Limited, engaged in manufacturing defence and railway products, saw its traded volume increase to 8,57,319 shares compared to an average of 3,51,942. The stock currently trades at Rs 2,748, rising 6.91 per cent, with a market capitalization of Rs 11,427.83 crore.
Hindustan Aeronautics Limited: Hindustan Aeronautics Limited, a key player in aircraft manufacturing for defense, reported a trading volume of 29,13,829 shares, exceeding its monthly average of 18,25,551. The stock rose by 4.44 per cent to Rs 3,739, with a market capitalization of Rs 2,50,230.79 crore.
Hindustan Zinc Limited: Hindustan Zinc Limited, one of the largest zinc-lead-silver producers in India, saw its volume rise to 71,77,341 shares from a monthly average of 15,54,288. The stock increased by 3.80 per cent to Rs 453, with a market capitalization of Rs 1,92,088.08 crore.
NMDC Limited: NMDC Limited, India’s largest iron ore producer, recorded a trading volume of 4,01,26,978 shares, significantly higher than its monthly average of 2,22,75,459. The stock is trading at Rs 69.09, reflecting a 3.47 per cent rise, with a market capitalization of Rs 20,158.77 crore.
NTPC Limited: NTPC Limited, India’s largest power generation company, saw its traded volume reach 3,05,82,397 shares, exceeding its monthly average of 1,20,59,825. The stock is currently at Rs 340.6, up 0.96 per cent, with a market capitalization of Rs 3,30,747.82 crore.
Steel Authority of India Limited: SAIL, a major player in India’s steel industry, reported a trading volume of 4,76,57,793 shares against its monthly average of 2,49,09,634. The stock gained 3.89 per cent to Rs 113.15, with a market capitalization of Rs 46,778.19 crore.
Shipping Corporation of India: Shipping Corporation of India, a leading shipping company, saw its volume rise to 57,96,450 shares from a monthly average of 16,09,806. The stock surged 6.98 per cent to Rs 157.8, with a market capitalization of Rs 7,342.59 crore.
Mazagon Dock Shipbuilders Limited: Mazagon Dock Shipbuilders Limited, known for its expertise in warship and submarine construction, recorded a trading volume of 1,26,96,711 shares, surpassing its monthly average of 32,25,251. The stock surged by 10.58 per cent to Rs 2,628, with a market capitalization of Rs 1,05,946.32 crore.
These PSU stocks have experienced heightened trading activity, indicating strong investor interest. Keeping track of volume trends can provide valuable insights into market momentum and potential investment opportunities.