Hindustan Copper Ltd Sees Rs 32,569.38 Lakhs in Trade Value Today
Hindustan Copper Ltd has become one of the most actively traded stocks today, with nearly 10 million shares exchanged and a notable trading value. The stock has shown strong performance, consistently exceeding its moving averages, although investor participation has decreased significantly compared to recent averages.
Hindustan Copper Ltd, a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active equities today, with a total traded volume of 9,862,935 shares and a total traded value of approximately Rs 32,569.38 lakhs. The stock opened at Rs 324.24 and reached a day high of Rs 333.98, reflecting a 4.24% increase from the previous close of Rs 319.46. Currently, the last traded price stands at Rs 332.54.In terms of performance, Hindustan Copper has outperformed its sector by 1.1%, marking a consecutive gain over the last two days with a total return of 5.43% during this period. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Despite the positive performance, there has been a notable decline in investor participation, with delivery volume dropping by 38.71% compared to the 5-day average. The liquidity remains robust, allowing for trade sizes of up to Rs 18.8 crore based on 2% of the 5-day average traded value. Overall, Hindustan Copper's performance today reflects a solid position within the market, characterized by significant trading activity and positive returns.
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