Hindustan Construction Company Sees Surge in Trading Activity and Investor Participation

Hindustan Construction Company Ltd (HCC), a notable player in the capital goods sector, has emerged as one of the most active equities by volume today. The stock recorded a total traded volume of 97,774,403 shares, with a total traded value of approximately Rs 26,623.97 lakhs. Opening at Rs 25.24, HCC reached a day high of Rs 28.29 before settling at a last traded price of Rs 27.70.
Despite its active trading, HCC underperformed its sector by 0.9%. However, the stock has shown resilience, gaining 13.38% over the last two days. It currently trades above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Investor participation has notably increased, with a delivery volume of 3.09 crore shares on March 21, reflecting a 146.34% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 2.38 crore based on 2% of the 5-day average traded value.

In summary, Hindustan Construction Company Ltd has demonstrated significant trading activity today, with a solid performance over the past few days, while maintaining a strong market presence in the mid-cap segment.