Jindal Worldwide Sees Surge in Trading Volume and Investor Engagement

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 17,653,965 shares and a total traded value of approximately Rs 67.84 crores. The stock opened at Rs 34.61 and reached a day high of Rs 39.50, reflecting a notable intraday gain of 8.31%. As of the latest update, the last traded price stands at Rs 38.34.
In terms of performance, Jindal Worldwide has outperformed its sector by 6.6%, marking a consecutive gain over the last two days with a total return of 15.07% during this period. The stock's delivery volume on August 29 surged to 661,000 shares, an impressive increase of 3167.89% compared to the five-day average delivery volume, indicating rising investor participation.

While the stock is trading above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The liquidity of the stock is also noteworthy, as it is liquid enough for a trade size of Rs 0.9 crore, based on 2% of the five-day average traded value. Overall, Jindal Worldwide's performance today reflects significant activity and investor engagement in the market.