Garden Reach Shipbuilders & Engineers Ltd Sees Rs 24,759.68 Lakhs in Trade Value Today
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has become highly active in the market, with significant trading volume and value. The stock has shown positive momentum, trading above key moving averages, and experienced a notable increase in delivery volume, indicating heightened investor interest and participation.
Garden Reach Shipbuilders & Engineers Ltd (GRSE), a small-cap player in the Aerospace & Defense sector, has emerged as one of the most active equities today, with a total traded volume of 901,785 shares and a total traded value of approximately Rs 24.76 crore. The stock opened at Rs 2,692.0 and reached an intraday high of Rs 2,774.7, reflecting a gain of 3.44% during the trading session. The last traded price stands at Rs 2,748.0.Notably, GRSE has shown a positive performance trend, gaining 6.23% over the last two days. 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 delivery volume on November 10 surged to 951,000 shares, marking a significant increase of 382.82% compared to the 5-day average delivery volume, suggesting rising investor participation.
In terms of liquidity, GRSE is deemed liquid enough for a trade size of Rs 7.19 crore, based on 2% of its 5-day average traded value. Overall, Garden Reach Shipbuilders & Engineers Ltd continues to demonstrate robust activity and performance metrics in the current market landscape.
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