International Gemmological Institute Stock Experiences High Trading Volume Amid Declining Investor Participation

International Gemmological Institute (India) Ltd (IGIL) has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 4,173,314 shares, with a total traded value of approximately Rs 179.56 lakhs. Opening at Rs 419.0, IGIL saw a notable intraday high of Rs 442.0, reflecting an increase of 8.63% from its previous close of Rs 406.9.
The stock has outperformed its sector by 4.29% and has shown a consecutive gain over the last two days, accumulating a total return of 6.24% during this period. Additionally, IGIL opened with a gain of 2.97% today. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its performance.

However, there has been a decline in investor participation, with delivery volume dropping by 61.27% compared to the 5-day average. Despite this, the stock remains liquid enough for trades, with a liquidity level based on 2% of the 5-day average traded value sufficient for a trade size of Rs 0.82 crore. Overall, IGIL's performance today reflects a robust activity level in the mid-cap diversified commercial services sector.