Marico Ltd. Achieves Record Trading Volume Amid Strong Market Performance

Marico Ltd., a prominent player in the edible oil industry, has emerged as one of the most active equities today, with a total traded volume of 2,884,908 shares and a total traded value of approximately Rs 212.94 crores. The stock opened at Rs 735.00, reflecting a gain of 3.03% from the previous close of Rs 713.35. Throughout the trading session, Marico reached a new 52-week and all-time high of Rs 744.45, marking a 4.36% increase during the day.
The stock has shown strong performance, outperforming its sector by 2.23% and achieving a consecutive gain over the last two days, with a total return of 2.66% in that period. Additionally, Marico is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

Despite this positive momentum, there has been a slight decline in investor participation, with delivery volume dropping by 3.23% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades of Rs 3.49 crores, supported by a market capitalization of Rs 94,387.63 crores. Overall, Marico's performance today reflects its strong market position within the edible oil sector.