Mastek Ltd Sees Surge in Trading Volume and Positive Momentum in Mid-Cap Market

Mastek Ltd, a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active equities today, with a total traded volume of 5,171,036 shares and a total traded value of approximately Rs 140.04 crores. The stock opened at Rs 2,547.70 and reached a day high of Rs 2,818.00, while the day low was recorded at Rs 2,544.00. As of the latest update, the last traded price stands at Rs 2,670.10.
In terms of performance, Mastek has outperformed its sector by 1.06%, marking a notable 1.69% return for the day. The stock has shown consistent gains over the past two days, accumulating a total return of 8.25%. Furthermore, Mastek is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also surged, with a delivery volume of 528,000 shares on July 21, reflecting a staggering increase of 1,944.2% compared to the 5-day average. With a market capitalization of Rs 8,267 crores, Mastek demonstrates sufficient liquidity for trades up to Rs 6.13 crores, reinforcing its position in the market. Overall, Mastek's performance today highlights its robust activity and positive momentum within the mid-cap segment.