Indus Towers Ltd Sees 8.99 Million Shares Traded, Ranking Among Top Active Equities Today

Indus Towers Ltd, a prominent player in the Telecom Equipment & Accessories sector, has emerged as one of the most active equities today, with a total traded volume of 8,996,590 shares and a total traded value of approximately Rs 35,407.88 lakhs. The stock opened at Rs 392.00, reflecting a gain of 2.42% from the previous close of Rs 382.75. Throughout the trading session, Indus Towers reached an intraday high of Rs 397.25, marking a 3.79% increase.
In terms of performance, Indus Towers has outperformed its sector by 0.62% and has shown a consecutive gain over the last two days, yielding a total return of 7.54% during this period. 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 investor participation has seen a decline, with delivery volume on November 3 falling by 1.92% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 10.52 crore, based on 2% of the 5-day average traded value. Overall, Indus Towers continues to demonstrate robust performance metrics in a competitive market landscape.