Northern ARC Capital Sees Surge in Trading Volume and Price Rebound

Northern ARC Capital Ltd, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active equities today, with a total traded volume of 15,632,623 shares and a total traded value of approximately Rs 35.29 crores. The stock opened at Rs 211.00 and reached an intraday high of Rs 234.88, marking a notable gain of 12.72% from its previous close of Rs 208.38.
After experiencing two consecutive days of decline, Northern ARC Capital has shown a trend reversal, outperforming its sector by 11.23%. The stock has traded within a wide range of Rs 23.88 today, indicating significant volatility. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

Investor participation has surged, with delivery volume on June 20 reaching 2.07 crore shares, a staggering increase of 6186.79% compared to the 5-day average. The liquidity of the stock remains robust, accommodating trade sizes of Rs 5.08 crores based on 2% of the 5-day average traded value. Overall, Northern ARC Capital's performance today reflects a significant rebound and heightened market activity.