Vodafone Idea Ltd. Sees 101 Million Shares Traded, Among Most Actively Traded Stocks Today
Vodafone Idea Ltd. has become one of the most actively traded stocks in the Telecom Services sector, with over 101 million shares exchanged. The stock has shown consistent upward momentum, outperforming its sector, despite a slight decline in investor participation. Its performance indicates strong market resilience.
Vodafone Idea 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 101,109,787 shares and a total traded value of approximately Rs 87.06 crores. The stock opened at Rs 8.54 and reached a day high of Rs 8.68, closing at Rs 8.60, reflecting a 1.17% increase for the day. This performance has allowed Vodafone Idea to outperform its sector, which recorded a mere 0.15% return.Notably, Vodafone Idea has shown consistent upward momentum, gaining for the last two days with a cumulative return of 5.9% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend.
However, there has been a slight decline in investor participation, with delivery volume on October 1 falling by 0.59% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 13.33 crores, based on 2% of the 5-day average traded value. Overall, Vodafone Idea's performance today highlights its active market presence and resilience in the telecom sector.
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