Morepen Laboratories Experiences Surge in Trading Volume and Investor Activity

Morepen Laboratories Ltd, a small-cap player in the Pharmaceuticals & Drugs industry, has emerged as one of the most active equities today, with a total traded volume of 28,444,659 shares and a total traded value of approximately Rs 170.90 crores. The stock opened at Rs 54.50 and reached an intraday high of Rs 64.19, reflecting a significant increase of 17.74% during the trading session.
As of the latest update, the last traded price stands at Rs 62.85, marking a notable performance that has outpaced the sector by 14.3%. Over the past five days, Morepen Laboratories has shown a consistent upward trend, gaining 20.26% in returns. The stock has exhibited high volatility today, with an intraday volatility of 7.45%, and has traded within a wide range of Rs 10.11.

Investor participation has also seen a rise, with a delivery volume of 183,800 shares on April 23, which is up by 13.8% compared to the five-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 0.44 crores based on 2% of the five-day average traded value. Overall, Morepen Laboratories continues to demonstrate strong market activity and performance metrics.