JM Financial Shows High Trading Activity Amid Declining Investor Participation

JM Financial Ltd, a mid-cap holding company, has emerged as one of the most active equities today, with a total traded volume of 20,102,218 shares and a total traded value of approximately Rs 28,042.59 lakhs. The stock opened at Rs 131.21 and reached an intraday high of Rs 142.90, reflecting a notable increase of 9.15% during the trading session. As of the latest update, the last traded price stands at Rs 139.54.
In terms of performance, JM Financial has outperformed its sector by 6.72%, marking a consecutive gain over the last two days with a total return of 7.21%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, there has been a decline in investor participation, with delivery volume on June 4 falling by 49.16% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 1.09 crore, based on 2% of the 5-day average traded value. Overall, JM Financial's performance today highlights significant activity and resilience in the market.