Alok Industries Ltd Sees 8.09 Million Shares Traded, Ranking Among Today's Top Volume Stocks
Alok Industries Ltd has become one of the most actively traded stocks in the Garments & Apparels sector, with over 8 million shares exchanged. The stock has shown notable performance, outperforming its sector and achieving consistent gains over the past two days, alongside increased investor participation.
Alok Industries Ltd, a small-cap player in the Garments & Apparels sector, has emerged as one of the most active equities today, with a total traded volume of 8,092,134 shares and a total traded value of approximately Rs 1,472.77 lakhs. The stock opened at Rs 17.83 and reached a day high of Rs 18.45, while the day low was recorded at Rs 17.71. As of the latest update, the last traded price stands at Rs 18.27.In terms of performance, Alok Industries has outperformed its sector by 4.41%, marking a notable 1-day return of 4.65%. The stock has shown consistent gains over the past two days, accumulating a total return of 7.28% during this period. Additionally, the stock's moving averages indicate that it is currently above the 5-day, 20-day, 50-day, and 200-day averages, although it remains below the 100-day moving average.
Investor participation has also seen a rise, with a delivery volume of 18.99 lakhs on October 15, reflecting an increase of 8.84% compared to the 5-day average delivery volume. The liquidity of the stock is deemed sufficient for trading, based on 2% of the 5-day average traded value.
Overall, Alok Industries Ltd has demonstrated strong activity and performance metrics today, reflecting its position within the market.
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