Honasa Consumer Ltd Sees Surge in Trading Volume and Market Activity

Honasa Consumer Ltd, a mid-cap player in the FMCG sector, has emerged as one of the most active stocks today, with a total traded volume of 14,258,777 shares and a total traded value of approximately Rs 44.71 crore. The stock opened at Rs 285.00, reflecting a gain of 3.58% from the previous close of Rs 275.16, and reached an intraday high of Rs 322.74, marking a significant increase of 17.29% during the trading session.
Over the past two days, Honasa Consumer has shown a robust performance, gaining 18.57% in returns. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is noteworthy that the delivery volume has decreased by 19.02% compared to the 5-day average, with only 2.42 lakh shares delivered on May 22.

In terms of liquidity, the stock remains accessible for trades, with a liquidity level based on 2% of the 5-day average traded value sufficient for a trade size of Rs 0.07 crore. Overall, Honasa Consumer's performance today has outpaced its sector by 15.55%, reflecting a notable position in the market.