Utkarsh Small Finance Bank Ltd Sees 26 Million Shares Traded in Active Session

Utkarsh Small Finance Bank Ltd, a small-cap player in the Other Bank industry, has emerged as one of the most active equities today, with a total traded volume of 26,049,164 shares and a total traded value of approximately Rs 50.46 crore. The stock opened at Rs 18.35 and reached an intraday high of Rs 21.10, reflecting a notable increase of 14.92%. However, it also experienced a low of Rs 17.68, indicating a wide trading range of Rs 3.42 throughout the day.
As of the latest update, the last traded price stands at Rs 20.26, marking a 9.80% return for the day, significantly outperforming its sector, which reported a decline of 0.69%. The stock's performance is characterized by high volatility, with an intraday volatility of 10.07%. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages.

Investor participation has seen a decline, with delivery volume dropping by 35.83% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades of Rs 0.08 crore, based on 2% of the 5-day average traded value. Overall, Utkarsh Small Finance Bank Ltd has demonstrated significant activity and volatility in today's trading session.