Exide Industries Sees Surge in Trading Volume and Investor Participation
Exide Industries Ltd has become one of the most actively traded stocks, with over 19 million shares exchanged and a market capitalization of Rs 32,134 crores. The stock has shown strong performance, trading above key moving averages and experiencing increased investor participation, indicating robust liquidity in the mid-cap segment.
Exide Industries Ltd, a prominent player in the Auto Components & Equipments sector, has emerged as one of the most active equities today. The stock, trading under the symbol EXIDEIND, recorded a total traded volume of 19,205,333 shares, with a total traded value of approximately Rs 73.16 crores. The stock opened at Rs 377.45 and reached a day high of Rs 389.65, reflecting a notable intraday gain of 4.54%. As of the latest update, the last traded price stands at Rs 388.90, marking a 3.88% increase for the day. Exide Industries has outperformed its sector, which saw a 3.44% gain, and has been on a positive trajectory, gaining for the last two days with a cumulative return of 4.45%.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. Additionally, the delivery volume on August 18 surged to 207,400 shares, an increase of 86.99% compared to the 5-day average, suggesting rising investor participation. With a market capitalization of Rs 32,134 crores, Exide Industries continues to demonstrate robust liquidity, making it a significant entity in the mid-cap segment. Overall, the stock's performance today reflects a solid position within its industry.
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