Crompton Greaves Sees Surge in Trading Volume Amid Strong Consumer Durables Performance
Crompton Greaves Consumer Electricals Ltd has seen heightened trading activity today, with significant price movements and a total traded volume exceeding 10 million shares. The stock has outperformed its sector, reflecting increased investor participation and robust liquidity, indicating strong interest in the consumer durables market.
Crompton Greaves Consumer Electricals Ltd (CROMPTON) has emerged as one of the most active stocks today, reflecting significant trading activity in the consumer durables sector. The stock opened at Rs 339.35, marking a gain of 3.65% from the previous close of Rs 327.4. Throughout the trading session, it reached an intraday high of Rs 346.25, representing a 5.76% increase.As of the latest update, the stock's last traded price stands at Rs 341.25, with a total traded volume of 10,263,335 shares and a total traded value of approximately Rs 350.60 crores. Notably, Crompton has outperformed its sector by 2.6%, while the broader market, represented by the Sensex, has seen a decline of 0.22%.
Investor participation has notably increased, with a delivery volume of 2,791,000 shares on May 15, reflecting a 131.31% rise compared to the five-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 1.59 crores based on 2% of the five-day average traded value.
In summary, Crompton Greaves Consumer Electricals is demonstrating strong performance metrics today, with notable trading volume and price movements, positioning itself favorably within the consumer durables market.
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