South Indian Bank Ltd Sees 6.42 Million Shares Traded, Among Most Active Today

South Indian Bank Ltd, a small-cap player in the private sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 6,418,024 shares and a total traded value of approximately Rs 23.86 crore. The stock opened at Rs 37.63 and reached a day high of Rs 37.64, while the day low was recorded at Rs 36.87. The last traded price stands at Rs 36.92, reflecting a decline of 1.70% for the day, in contrast to the sector's average decline of 0.26% and the Sensex's drop of 0.20%.
In terms of moving averages, South Indian Bank's stock is performing higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently lower than its 5-day moving average. Notably, investor participation has seen a decline, with delivery volume on November 3 falling by 45.71% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 3.57 crore, based on 2% of the 5-day average traded value. Overall, South Indian Bank's performance today reflects a mix of activity and challenges within the current market landscape.