Surge in Investor Participation Highlights Active Trading in PC Jeweller Stock

PC Jeweller Ltd, a prominent player in the Gems, Jewellery and Watches industry, has emerged as one of the most active equities today, with a total traded volume of 64,162,331 shares and a total traded value of approximately Rs 82.90 crores. The stock opened at Rs 12.43, reaching a day high of Rs 13.18 before settling at a last traded price of Rs 13.03. However, it has underperformed the sector by 0.62% today.
Despite this, the stock has shown resilience in its moving averages, being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Notably, investor participation has surged, with a delivery volume of 2.26 crore shares on July 1, reflecting a significant increase of 335.82% compared to the 5-day average delivery volume.

PC Jeweller's market capitalization stands at Rs 8,501.35 crores, categorizing it as a mid-cap company. The liquidity of the stock is also noteworthy, with a trading size of Rs 0.59 crore based on 2% of the 5-day average traded value. Overall, PC Jeweller's performance today highlights a mix of active trading and fluctuating investor sentiment within the market.