Motor & General Finance Ltd Experiences Significant Trading Surge Amid Market Volatility
The stock opened with a gain of 5.04% and traded within a wide range of Rs 5.26, indicating high volatility with an intraday volatility measure of 5.02%. The last traded price was Rs 29.85, with a total traded volume of approximately 2.15 lakh shares, resulting in a turnover of Rs 0.65 crore.
In terms of performance, Motor & General Finance outperformed its sector by 13.21%, while the broader market, represented by the Sensex, recorded a modest gain of 0.40%. The stock's delivery volume has also seen a significant increase, rising by 708.7% compared to the five-day average, suggesting heightened investor participation.
Overall, Motor & General Finance Ltd's performance today reflects a strong rebound, characterized by substantial trading activity and positive momentum.
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