Tata Communications Ltd Sees Rs 59.37 Crore in Total Traded Value Today

Tata Communications Ltd, a prominent player in the Telecom - Services industry, has emerged as one of the most active equities today, with a total traded volume of 3,247,906 shares and a total traded value of approximately Rs 59.37 crore. The stock opened at Rs 1,701.6 and reached a day high of Rs 1,879.9, reflecting a significant intraday volatility of 5.67%. The last traded price stands at Rs 1,878.0, marking a notable 12.05% return for the day, which outperformed the sector's return of 0.75% and the Sensex's return of 0.42%.
Tata Communications has shown a strong performance over the past six days, with a cumulative gain of 17.04%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. However, it is worth noting that investor participation has declined, with delivery volume dropping by 48.96% compared to the 5-day average.

With a market capitalization of Rs 50,372 crore, Tata Communications continues to demonstrate significant activity and resilience in the market, reflecting its solid position within the mid-cap segment of the telecom industry.