Chennai Petroleum Corporation Sees Rs 61.28 Crore in Active Trading Today
Chennai Petroleum Corporation Ltd has seen significant trading activity, with a total volume of over 7.6 million shares and a market capitalization of Rs 11,471 crores. The stock has outperformed its sector and demonstrated strong liquidity, reflecting positive momentum in the oil industry.
Chennai Petroleum Corporation Ltd (symbol: 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 7,627,287 shares, with a total traded value of approximately Rs 61.28 crores. The stock opened at Rs 780.00 and reached a day high of Rs 824.00, marking a 7.03% increase from the previous close of Rs 769.85. Currently, the last traded price stands at Rs 818.50, which is just 4.97% away from its 52-week high of Rs 858.85.Chennai Petroleum Corporation has outperformed its sector, achieving a 1D return of 6.44%, compared to a mere 0.06% return for the sector and a -0.23% return for the Sensex. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Notably, the delivery volume surged to 19.98 lakhs on October 27, reflecting a 243.34% increase against the 5-day average delivery volume, suggesting rising investor participation. With a market capitalization of Rs 11,471 crores, Chennai Petroleum Corporation continues to demonstrate robust liquidity, making it a notable player in the small-cap segment of the oil industry. Overall, the stock's performance today highlights its active trading status and positive momentum in the market.
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