Ircon International Sees Surge in Trading Activity and Positive Sector Momentum

Ircon International Ltd, a midcap player in the engineering sector, has emerged as one of the most active equities today, with a total traded volume of 36,097,996 shares and a total traded value of approximately Rs 5,300.63 million. The stock opened at Rs 143.60 and reached a day high of Rs 150.40, reflecting a notable intraday performance. As of the latest update, the last traded price stands at Rs 145.60.
In terms of performance, Ircon International has outperformed its sector by 1.26%, marking a consecutive gain over the last two days with a total return of 7.58% during this period. The stock's day-to-day return is recorded at 1.60%, while the sector's return is at 0.61%.

Investor participation has also seen a significant uptick, with a delivery volume of 344,300 shares on March 18, which is an increase of 198.55% compared to the five-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 3.07 crore based on 2% of the five-day average traded value.

Overall, Ircon International's performance today reflects strong trading activity and positive momentum within the engineering sector.