Rama Steel Tubes Ltd Sees 11.78 Million Shares Traded, Ranking Among Most Active Stocks

Rama Steel Tubes Ltd, a small-cap player in the Iron & Steel Products industry, has emerged as one of the most active equities today, with a total traded volume of 11,785,144 shares and a total traded value of approximately Rs 120.33 crores. The stock opened at Rs 9.84, reached a day high of Rs 10.61, and is currently trading at Rs 10.25, reflecting a 4.38% return for the day.
Notably, Rama Steel Tubes has outperformed its sector by 4.89%, marking a positive trend as it has gained for the last two consecutive days, accumulating a total return of 4.91% during this period. However, the stock's performance is mixed when compared to moving averages; it is currently above the 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day averages.

Despite this activity, there has been a decline in investor participation, with delivery volume on September 30 dropping by 24.57% compared to the 5-day average. The stock remains liquid enough for trading, with a liquidity measure based on 2% of the 5-day average traded value indicating a trade size of Rs 0.22 crores. Overall, Rama Steel Tubes Ltd is experiencing notable activity amid fluctuating investor engagement and mixed moving average performance.