ITC Ltd. Sees Surge in Trading Activity Amid Strong Investor Participation

ITC Ltd., a prominent player in the Cigarettes/Tobacco industry, has emerged as one of the most active equities by volume today. The stock recorded a total traded volume of 27,388,236 shares, with a total traded value of approximately Rs 115.72 crores. Opening at Rs 428.05, ITC reached a day high of Rs 429.10 before settling at a last traded price of Rs 422.95, reflecting a slight decline of 0.25% for the day.
In terms of performance metrics, ITC's stock is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Notably, investor participation has surged, with a delivery volume of 2.33 crore shares on April 22, marking a 93.1% increase compared to the 5-day average delivery volume.

The stock also boasts a high dividend yield of 3.22% at the current price, indicating a favorable return for shareholders. With a market capitalization of Rs 5,41,235.68 crores, ITC maintains a solid liquidity profile, supporting trade sizes of Rs 16.41 crores based on 2% of the 5-day average traded value. Overall, ITC Ltd. continues to demonstrate significant activity and resilience in the market.