Gujarat Pipavav Port Sees Surge in Trading Activity and Investor Interest

Gujarat Pipavav Port Ltd (GPPL) has emerged as one of the most active stocks today, with a total traded volume of 34,192,692 shares and a total traded value of approximately Rs 55.09 crore. The stock opened at Rs 150.15 and reached a day high of Rs 165.33, reflecting a notable intraday performance. As of the latest update, GPPL's last traded price stands at Rs 157.85, marking a 1.78% increase for the day, which outperformed its sector by 0.82%.
The stock has shown consistent upward momentum, gaining for the last two consecutive days with a total return of 7.48% during this period. Notably, the delivery volume on May 30 surged to 67.38 lakh shares, a staggering increase of 1507.72% compared to the five-day average delivery volume, indicating rising investor participation.

In terms of moving averages, GPPL is currently above its 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day moving average. The stock also boasts a high dividend yield of 4.93% at the current price, and with a market capitalization of Rs 7,683.31 crore, it is classified as a mid-cap company in the transport infrastructure sector. Overall, Gujarat Pipavav Port Ltd continues to demonstrate robust trading activity and performance metrics.