Morepen Laboratories Sees Surge in Trading Volume Amid Market Sentiment Shift

Mar 18 2025 11:00 AM IST
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Morepen Laboratories Ltd has become one of the most actively traded stocks today, with a volume of nearly 6 million shares. After five days of decline, the stock showed a significant recovery, outperforming its sector and indicating increased investor interest and a positive market sentiment shift.
Morepen Laboratories Ltd, a small-cap player in the Pharmaceuticals & Drugs industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol MOREPENLAB, saw a total traded volume of 5,993,086 shares, with a total traded value of approximately Rs 27.44 crore.

Opening at Rs 43.97, Morepen Laboratories experienced a notable gain of 2.64% at the start of the trading session. The stock reached an intraday high of Rs 47.75, reflecting an increase of 11.46% during the day. This performance marks a significant trend reversal, as the stock has gained after five consecutive days of decline.

In terms of performance metrics, Morepen Laboratories outperformed its sector by 8.97%, with a one-day return of 10.41%. The stock's liquidity remains robust, with a delivery volume of 193,200 shares on March 17, which is up 27.57% compared to the five-day average.

Overall, Morepen Laboratories has demonstrated a strong performance today, reflecting increased investor participation and a positive shift in market sentiment.
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