Redington Ltd Ranks Among Most Active Stocks with 6.33 Million Shares Traded Today

Redington Ltd, a small-cap player in the Trading & Distributors industry, has emerged as one of the most active equities today, with a total traded volume of 6,336,017 shares and a total traded value of approximately Rs 178.68 lakhs. The stock opened at Rs 286.85 and reached a day high of Rs 286.85, while it also touched an intraday low of Rs 279.15, reflecting a decline of 3.72% during the trading session. As of the latest update, Redington's last traded price (LTP) stands at Rs 283.95, marking a 2.40% decrease for the day. Notably, the stock has underperformed its sector, which recorded a 1.30% decline, while the broader Sensex fell by 0.63%. Despite this, Redington is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the longer-term performance metrics. Investor participation has notably increased, with delivery volume on November 6 rising by 1115% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 11.69 crores based on 2% of the 5-day average traded value. Overall, Redington Ltd continues to exhibit significant trading activity amidst a challenging market environment.