Ashapura Minechem Ltd Trades Over 2.2 Million Shares, Total Value Reaches Rs 15.51 Crores

Ashapura Minechem Ltd, a small-cap player in the Minerals & Mining sector, has emerged as one of the most active equities today, with a total traded volume of 2,207,423 shares and a total traded value of approximately Rs 15.51 crores. The stock opened at Rs 677.25, reflecting a gain of 6.11% from the previous close of Rs 638.25, and reached an intraday high of Rs 718.15, marking a notable increase of 12.18%.
Today, Ashapura Minechem achieved a new 52-week and all-time high of Rs 716, outperforming its sector by 11.67%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the delivery volume on November 13 saw a significant rise of 32.1% compared to the 5-day average, with 263,000 shares delivered, suggesting increased investor participation.

With a market capitalization of Rs 6,209 crores, Ashapura Minechem's liquidity remains robust, accommodating trade sizes of Rs 0.48 crores based on 2% of the 5-day average traded value. Overall, the stock's performance today reflects a strong position within its industry.