Larsen & Toubro Ltd. Trades 773,908 Shares Worth Rs 30.53 Crore Today
Larsen & Toubro Ltd. has become one of the most actively traded stocks, with a volume of 773,908 shares and a market capitalization of Rs 5,44,995 crore. The stock is currently performing well against various moving averages, although investor participation has decreased recently.
Larsen & Toubro Ltd. (LT), a prominent player in the construction industry, has emerged as one of the most active equities today, with a total traded volume of 773,908 shares and a total traded value of approximately Rs 30.53 crore. The stock opened at Rs 3,922.1 and reached a day high of Rs 3,966.0, just 0.97% shy of its 52-week high of Rs 3,966.2. The last traded price stands at Rs 3,926.7, reflecting a slight increase of 0.02% for the day.Over the past two days, Larsen & Toubro has shown a positive trend, gaining 0.59% in returns. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks. However, it is worth noting that investor participation has seen a decline, with delivery volume on October 27 falling by 10.21% compared to the 5-day average.
With a market capitalization of Rs 5,44,995 crore, Larsen & Toubro continues to maintain a solid position in the large-cap segment of the market. Overall, the stock's performance today aligns closely with sector trends, despite a slight dip in investor activity.
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