India Shelter Finance Corporation Sees High Trading Volume Amid Market Fluctuations

India Shelter Finance Corporation Ltd, a prominent player in the housing finance sector, has emerged as one of the most active equities by volume today. The stock, trading under the symbol INDIASHLTR, recorded a total traded volume of 6,440,036 shares, with a total traded value of approximately Rs 54.87 crores.
The stock opened at Rs 886.00 and reached a day high of Rs 886.00, but it also experienced a notable decline, touching an intraday low of Rs 847.55, reflecting a decrease of 3.91%. The last traded price (LTP) stands at Rs 865.95, marking a slight 1D return of -0.14%. This performance is in line with the sector, which saw a 1D return of -0.51%, while the broader Sensex recorded a minimal decline of 0.04%.

Despite the recent downturn, the stock remains above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is currently below the 20-day moving average. Notably, investor participation has decreased, with delivery volume dropping by 30.53% compared to the 5-day average. The liquidity of the stock is adequate for trading, based on 2% of the 5-day average traded value. Overall, India Shelter Finance Corporation continues to navigate a fluctuating market landscape.