Minda Corporation Ltd Sees 3.9 Million Shares Traded, Total Value Hits Rs 23.53 Crore
Minda Corporation Ltd has become one of the most actively traded stocks, with a volume of nearly 3.9 million shares and a market capitalization of Rs 14,081.78 crore. The stock reached a new 52-week high, reflecting strong investor interest and significant liquidity in the small-cap segment.
Minda Corporation Ltd, a prominent player in the Auto Components & Equipments industry, has emerged as one of the most active equities today, with a total traded volume of 3,899,289 shares and a total traded value of approximately Rs 23.53 crore. The stock opened at Rs 582.00 and reached a new 52-week high of Rs 615.00, reflecting a notable intraday increase of 7.26%. As of the latest update, Minda Corporation's last traded price stands at Rs 591.75, marking a 2.73% increase for the day. This performance significantly outpaced the sector, which saw a decline of 0.93%, and the broader Sensex, which fell by 0.65%.
Minda Corporation is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock has experienced a substantial rise in investor participation, with delivery volume on November 6 reaching 353,000 shares, a 100.02% increase compared to the 5-day average.
With a market capitalization of Rs 14,081.78 crore, Minda Corporation continues to demonstrate robust liquidity, making it a notable entity in the small-cap segment. Overall, the stock's performance today highlights its resilience and active market engagement.
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