Tejas Networks Shows Increased Trading Activity Amid Market Volatility and Investor Trends

Tejas Networks Ltd, a small-cap player in the Telecom Equipment & Accessories industry, has emerged as one of the most active equities today, with a total traded volume of 6,780,250 shares and a total traded value of approximately Rs 42.56 crore. The stock opened at Rs 581.0 and reached a day high of Rs 647.0, reflecting an intraday increase of 11.44%. The stock's performance today has outpaced its sector by 5.17%, showcasing its strong market position.
Despite the positive movement, the stock has experienced a wide trading range of Rs 66.45 throughout the day, indicating volatility. The last traded price (LTP) stands at Rs 628.2, which is higher than both the 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Investor participation has shown signs of decline, with delivery volume on August 20 falling by 21.18% compared to the 5-day average. However, the stock remains liquid enough for trades of Rs 0.88 crore, based on 2% of the 5-day average traded value. Overall, Tejas Networks Ltd has demonstrated notable activity today, reflecting both its market dynamics and current trading conditions.