Chennai Petroleum Corporation Experiences Surge in Trading Activity and Market Position

Jul 04 2025 01:00 PM IST
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Chennai Petroleum Corporation Ltd has seen significant trading activity, with over 6.3 million shares traded and a total value of approximately Rs 47.46 crore. The stock has shown strong upward momentum, outperforming its sector and maintaining a high dividend yield, reflecting a robust market position.
Chennai Petroleum Corporation Ltd (CHENNPETRO) has emerged as one of the most active stocks today, reflecting significant trading activity in the oil industry. The company reported a total traded volume of 6,381,412 shares, with a total traded value of approximately Rs 47.46 crore. The stock opened at Rs 715.95 and reached a day high of Rs 764.00, showcasing a notable intraday increase of 7.8%. As of the latest update, the last traded price stands at Rs 752.15.

Chennai Petroleum has outperformed its sector by 7.22% today, continuing a positive trend with gains over the last four days, accumulating a total return of 12.93% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.

Additionally, the company boasts a high dividend yield of 7.72% at the current price, and liquidity remains robust, with a delivery volume of 1.20 lakh shares on July 3, reflecting a 42.39% increase compared to the 5-day average. Overall, Chennai Petroleum Corporation's performance today highlights its strong market position and active trading environment.
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