Vardhman Textiles Shows Strong Performance Amid Declining Investor Participation

Vardhman Textiles Ltd, a prominent player in the Garments & Apparels industry, has emerged as one of the most active equities today, with a total traded volume of 3,046,475 shares and a total traded value of approximately Rs 162.05 crores. The stock opened at Rs 508.0 and reached an intraday high of Rs 538.0, reflecting a notable increase of 7.88% from its previous close of Rs 498.7. Currently, the last traded price stands at Rs 532.45.
In terms of performance, Vardhman Textiles has outperformed its sector by 4.29%, with a one-day return of 7.05%, significantly surpassing the sector's return of 2.39% and the Sensex's return of 0.08%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, it is worth noting a decline in investor participation, with delivery volume dropping by 46.33% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 0.12 crores, based on 2% of the 5-day average traded value. Overall, Vardhman Textiles Ltd continues to demonstrate robust performance metrics within its market segment.