PC Jeweller Ltd Sees 77.2 Million Shares Traded Amid 9.67% Price Drop
PC Jeweller Ltd has seen significant trading activity today, with over 77 million shares exchanged. The stock experienced notable volatility, reaching both a high and low within the day. Current trading metrics indicate a downward trend, with reduced investor participation and performance below key moving averages.
PC Jeweller Ltd, a small-cap player in the Gems, Jewellery and Watches industry, has emerged as one of the most active equities today, with a total traded volume of 77,206,215 shares and a total traded value of approximately Rs 97.05 crores. The stock opened at Rs 13.40 and reached a day high of Rs 13.40, but also experienced significant volatility, touching an intraday low of Rs 12.14, reflecting a decline of 9.67%.As of the latest update, the last traded price (LTP) stands at Rs 12.41, marking a 6.92% decrease for the day, which is notably lower than the sector's performance, which saw a slight increase of 0.05%. The stock has underperformed its sector by 7.42% today.
Investor participation appears to be waning, with delivery volume dropping by 60.43% compared to the five-day average. Additionally, PC Jeweller is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its performance metrics.
In summary, PC Jeweller's trading activity today reflects a challenging market position, characterized by high volatility and declining investor engagement.
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