Redington Ltd Sees 6.33 Million Shares Traded, Ranking Among Most Active Equities 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 crores. The stock opened at Rs 286.85 and reached a day's 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, which underperformed the sector's return of -1.30% and the Sensex's decline of -0.63%. Notably, the stock is currently 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 seen a significant rise, with delivery volume on November 6 reaching 1.07 crore, an increase of 1115% compared to the 5-day average. The liquidity of the stock remains robust, with trading activity based on 2% of the 5-day average traded value, supporting a trade size of Rs 11.69 crores. Overall, Redington Ltd's performance today reflects notable activity amidst a challenging market environment.