Garuda Construction Sees Surge in Trading Volume and Strong Investor Interest

Garuda Construction and Engineering Ltd, a small-cap player in the construction industry, has emerged as one of the most active equities today, with a total traded volume of 22,768,468 shares and a total traded value of approximately Rs 38.18 crores. The stock opened at Rs 152.0 and reached a notable intraday high of Rs 177.77, reflecting a significant increase of 15.92% from its previous close of Rs 150.1.
Today, Garuda's performance has outpaced its sector by 14.53%, showcasing a strong upward trend as it has gained 27.16% over the past five days. The stock has also achieved a new 52-week high of Rs 174, indicating robust market interest. With an intraday volatility of 5.02%, the stock has demonstrated high volatility, trading within a wide range of Rs 22.82.

Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum. The delivery volume of 12.55 lakhs on July 17 has increased by 8.26% compared to the 5-day average, indicating rising investor participation. Overall, Garuda Construction and Engineering Ltd is showing strong performance metrics in a dynamic market environment.