Market Movers: Here are today’s high-volume buzzers!
Investors were drawn to these stocks with increased trading volumes in a recovery market moves; do you own them?
Several stocks have witnessed unusual trading activity today, with a significant surge in volumes compared to their two-week average. These volume buzzers indicate strong market interest and volatility. Below is an analysis of the most active stocks based on volume change and price movement.
Bharat Immunologicals and Biologicals Corporation Limited is currently experiencing an extraordinary surge in trading volume, recording 323.46 lakh shares traded compared to its two-week average of 0.09 lakh shares. This marks a massive 3667.31 times increase in volume. The stock is trading at Rs 289.99, down by Rs 2.91, reflecting a decline of 0.99 per cent. The turnover for the stock has reached Rs 915.59 crore, indicating heightened market activity. Despite the drop in price, the significant rise in volume suggests strong investor interest and potential volatility ahead.
Brigade Enterprises Limited has also seen a notable increase in trading volume, with 11.72 lakh shares traded today compared to a two-week average of 0.08 lakh shares, reflecting a 154.42 times increase. The stock is currently trading at Rs 932.90, down by Rs 3.75, marking a decline of 0.40 per cent. With a turnover of Rs 110.72 crore, the stock is witnessing strong market participation. The minor decline in price despite the surge in volume indicates possible consolidation or profit-booking by traders.
APL Apollo Tubes Limited has recorded a trading volume of 3.27 lakh shares today, significantly higher than its two-week average of 0.11 lakh shares, indicating a 28.54 times rise in volume. The stock is currently trading at Rs 1442.00, up by Rs 32.10, reflecting a gain of 2.28 per cent. The total turnover for the stock stands at Rs 46.41 crore. The rise in both volume and price suggests strong buying interest and bullish sentiment around the stock.
Disclaimer: The article is for informational purposes only and not investment advice.