Jindal Worldwide Ltd Sees 9.84 Million Shares Trade, Ranking Among Most Active Stocks Today
Jindal Worldwide Ltd has become one of the most actively traded stocks in the Garments & Apparels sector, with nearly 9.84 million shares exchanged. After three days of decline, the stock has shown a recovery, although investor participation has decreased, indicating notable volatility in its trading activity.
Jindal Worldwide Ltd, a small-cap player in the Garments & Apparels industry, has emerged as one of the most active equities today, with a total traded volume of 9,841,269 shares and a total traded value of approximately Rs 38.13 crore. The stock opened at Rs 35.22 and reached an intraday high of Rs 40, reflecting a notable gain of 14.48% during the trading session. After experiencing three consecutive days of decline, Jindal Worldwide has shown a trend reversal, outperforming its sector by 11.72%. The stock's last traded price stands at Rs 39.09, which is higher than its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.
Despite the positive price movement, investor participation appears to be declining, with delivery volume on October 8 falling by 35.27% compared to the 5-day average. The stock has traded within a wide range of Rs 5.26 today, indicating significant volatility. Overall, Jindal Worldwide's performance today highlights its active trading status and recent recovery, while liquidity remains adequate for trading activities.
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