Tata Communications Ltd Trades Over Rs 18.94 Crores, Ranking Among Most Active Stocks 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 1,013,939 shares and a total traded value of approximately Rs 189.36 crores. The stock opened at Rs 1,799.1 and reached an intraday high of Rs 1,899, reflecting a notable increase of 5.61% from its previous close of Rs 1,798.2. The last traded price stands at Rs 1,867.9.
In terms of performance, Tata Communications has outperformed its sector by 4.21%, while the broader market, represented by the Sensex, recorded a modest gain of 0.12%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price action.

However, it is worth noting that investor participation has seen a decline, with delivery volume on October 13 dropping by 67.41% compared to the 5-day average. Despite this, the stock remains liquid enough for trades, with a liquidity threshold based on 2% of the 5-day average traded value amounting to Rs 13.17 crores. Overall, Tata Communications continues to demonstrate robust performance metrics within its market segment.