Welspun Living Ltd Sees Surge in Trading Activity Amid Strong Textile Sector Performance

Welspun Living Ltd, a prominent player in the textile industry, has emerged as one of the most active equities today, with a total traded volume of 25,900,229 shares and a total traded value of approximately Rs 3,309.27 crore. The stock opened at Rs 118.00 and reached a day high of Rs 131.99, before settling at a last traded price of Rs 127.25. This marks a notable increase of 1.02% for the day, aligning closely with the sector's performance, which saw a 1.35% return.
Over the past two days, Welspun Living has demonstrated a strong upward trend, gaining 11.98% in returns. The stock's performance is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume on March 18 reached 29.28 lakh shares, reflecting a 3.14% increase compared to the 5-day average delivery volume, indicating rising investor participation.

With a market capitalization of Rs 12,647.12 crore, Welspun Living continues to show liquidity sufficient for trades around Rs 2.2 crore, reinforcing its position in the mid-cap segment of the market. Overall, the stock's performance today reflects a robust activity level within the textile sector.