Welspun Living Ltd Sees Surge in Trading Volume and Market Activity

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 24,950,883 shares and a total traded value of approximately Rs 35.41 crore. The stock opened at Rs 135.00 and reached a day high of Rs 147.00, reflecting a notable intraday gain of 8.67%. As of the latest update, the last traded price stands at Rs 145.13, marking a significant performance that outperformed the sector by 4.39%.
The stock has shown a strong upward trend, gaining 19.84% over the past two days. It has also demonstrated high volatility today, with an intraday volatility of 5.18%. Notably, the stock's performance is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In terms of market activity, the textile sector has seen a gain of 2.97%, while Welspun Living's delivery volume surged to 77.73 lakh shares on May 7, reflecting a remarkable increase of 1326.18% compared to the 5-day average. With a market capitalization of Rs 14,254.49 crore, Welspun Living continues to demonstrate robust liquidity, making it a significant entity in the mid-cap segment. Overall, the stock's performance today highlights its active trading status and strong market presence.