Cartrade Tech Sees Surge in Trading Volume Amid Strong Market Position

Cartrade Tech Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active equities today, with a total traded volume of 5,360,294 shares and a total traded value of approximately Rs 109.54 crores. The stock opened at Rs 1,879.8 and reached a day high of Rs 2,140.9, just 2.88% shy of its 52-week high. The last traded price (LTP) stands at Rs 2,051.0, reflecting a 0.51% increase for the day.
Notably, Cartrade Tech has outperformed its sector, which recorded a decline of 0.53%, and has shown a remarkable consecutive gain over the last two days, yielding a total return of 9.83%. 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.

Investor participation has also surged, with a delivery volume of 900,000 shares on July 28, marking a significant increase of 615.32% compared to the 5-day average. With a market capitalization of Rs 9,808 crores, Cartrade Tech demonstrates robust liquidity, suitable for trades around Rs 5.49 crores. Overall, the stock's performance today highlights its strong market position and active trading dynamics.