Divis Laboratories Ltd Ranks Among Most Active Stocks with Rs 24,400.43 Lakhs Traded Today

Divis Laboratories Ltd (symbol: DIVISLAB), a prominent player in the Pharmaceuticals & Biotechnology sector, has shown significant activity in today's trading session. The stock recorded a total traded volume of 394,541 shares, with a total traded value of approximately Rs 24,400.43 lakhs. Opening at Rs 6,115.00, the stock reached a day high of Rs 6,267.50, reflecting a notable intraday increase of 2.29%.
As of the latest update, the last traded price stands at Rs 6,251.00, marking a 2.50% return for the day. Over the past two days, Divis Laboratories has demonstrated a strong performance, gaining 6.96% in returns. The stock has outperformed its sector by 2.24%, indicating robust market positioning.

In terms of liquidity, the stock is deemed liquid enough for a trade size of Rs 6.92 crore, based on 2% of the five-day average traded value. Additionally, the delivery volume on October 7 saw a significant rise of 82.18% compared to the five-day average, suggesting increased investor participation.

Overall, Divis Laboratories continues to exhibit strong performance indicators, maintaining a position above key moving averages, except for the 100-day moving average.