ABB India Ltd Shows Recovery Trend Amid Increased Trading Activity

ABB India Ltd, a prominent player in the Heavy Electrical Equipment industry, has emerged as one of the most active equities today, with a total traded volume of 649,318 shares and a total traded value of approximately Rs 36.05 crores. The stock opened at Rs 5,568.00 and reached a day high of Rs 5,652.00, while the day low was recorded at Rs 5,468.00. As of the latest update, the last traded price stands at Rs 5,594.50.
Notably, ABB India has outperformed its sector by 1.48%, marking a significant trend reversal after five consecutive days of decline. The stock's performance today reflects a 1.63% return, contrasting with the sector's return of 0.34% and the Sensex's slight decline of 0.05%.

Investor participation has also seen a notable increase, with a delivery volume of 281,000 shares on July 16, which is up by 44.15% compared to the five-day average. The stock remains liquid enough for a trade size of Rs 4.59 crores, based on 2% of the five-day average traded value.

In summary, ABB India Ltd's performance today highlights a recovery trend and increased trading activity, reinforcing its position in the large-cap market with a market capitalization of Rs 1,19,548.11 crores.