ITC Ltd. Sees Surge in Trading Volume Amid Market Challenges and Opportunities

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 431,851,622 shares and a total traded value of approximately Rs 1,792.53 lakh. The stock opened at Rs 417.7 and reached a day high of Rs 422.6, while the day low was recorded at Rs 413.0. As of the latest update, the last traded price stands at Rs 421.0, reflecting a slight increase of 0.07% for the day.
Notably, ITC has shown a trend reversal, gaining after two consecutive days of decline. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging short-term performance. The stock has also seen a significant rise in investor participation, with a delivery volume of 33.37 crore shares on May 28, marking an increase of 3,322.32% compared to the 5-day average delivery volume.

With a market capitalization of Rs 5,26,218.74 crore, ITC maintains a high dividend yield of 3.33% at the current price, and its liquidity remains robust, supporting trade sizes of Rs 89.15 crore based on 2% of the 5-day average traded value. Overall, ITC Ltd. continues to navigate a dynamic market landscape, reflecting both challenges and opportunities in its performance metrics.