ITC Ltd. Experiences High Trading Volume Amid Market Volatility and Sector Underperformance

ITC Ltd., a prominent player in the FMCG sector, has emerged as one of the most active equities today, with a total traded volume of 27,274,123 shares and a total traded value of approximately Rs 114.16 crores. The stock opened at Rs 423.95, reaching a day high of Rs 427.00 before closing at Rs 415.75, reflecting a decline of 2.20% for the day. This performance marks a reversal after three consecutive days of gains.
Despite its active trading, ITC's stock has underperformed relative to its sector, which saw a decline of 1.74%. The stock is currently 4.15% away from its 52-week low of Rs 390.15, indicating a challenging market position. The intraday low was recorded at Rs 406.75, showcasing volatility during the trading session.

Investor participation has notably increased, with delivery volume rising by 39.76% compared to the five-day average, totaling 1.67 crore shares. ITC's liquidity remains robust, accommodating trade sizes of Rs 16.47 crores based on 2% of the five-day average traded value. Overall, ITC Ltd. continues to navigate a dynamic market landscape, reflecting both challenges and opportunities in its trading activity.