Garuda Construction's Stock Surges Amid High Trading Volume and Strong Market Position

Garuda Construction and Engineering Ltd (symbol: GARUDA) has emerged as one of the most active stocks today, with a total traded volume of 9,557,719 shares and a total traded value of approximately Rs 168.12 crores. The stock opened at Rs 165.80 and reached an intraday high of Rs 180.00, marking a notable increase of 6.71%. The last traded price stands at Rs 175.64, reflecting a 6.25% gain for the day.
Garuda's performance has outpaced its sector by 6.27%, showcasing its strong market position within the construction industry. Over the past six days, the stock has demonstrated consistent growth, accumulating returns of 33.68%. The weighted average price indicates that more volume was traded closer to the lower price point, suggesting active trading dynamics.

Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, delivery volume surged to 621,200 shares on July 18, reflecting a remarkable increase of 539.14% compared to the 5-day average. With a market capitalization of Rs 1,667.49 crores, Garuda Construction and Engineering continues to exhibit robust liquidity, making it a significant player in the small-cap segment. Overall, the stock's performance today highlights its active trading status and strong upward momentum in the market.