Netweb Technologies Shows Strong Trading Activity and Outperformance in IT Sector
Netweb Technologies India Ltd has shown significant trading activity, with a total volume of 1,826,551 shares and a traded value of approximately Rs 28.77 crore. The stock has outperformed its sector and recorded consecutive gains, indicating strong market engagement and positive trading trends.
Netweb Technologies India Ltd, a mid-cap player in the IT software industry, has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 1,826,551 shares, with a total traded value of approximately Rs 28.77 crore. Opening at Rs 1,574.0, the stock experienced a notable gain of 10.71% at the start of the trading session and reached an intraday high of Rs 1,624.2, reflecting a 13.6% increase.In terms of performance, Netweb Technologies has outperformed its sector by 11.9%, marking a consecutive gain over the last two days with a total return of 13.65% during this period. The stock's last traded price stood at Rs 1,618.3, while it maintained a weighted average price closer to its low price for the day. Additionally, the stock's liquidity remains robust, with a delivery volume of 167,000 shares on May 2, indicating a 67.41% increase compared to the five-day average.
Overall, Netweb Technologies India Ltd has demonstrated strong performance metrics today, reflecting active market engagement and positive trading trends.
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