ONGC Sees Surge in Trading Activity Amid Strong Market Presence and Investor Interest

Oil & Natural Gas Corporation Ltd. (ONGC) has emerged as one of the most active equities today, with a total traded volume of 32,905,564 shares and a total traded value of approximately Rs 82.63 crore. The stock opened at Rs 243.44 and reached a day’s high of Rs 254.90, reflecting a 2.36% increase during the trading session. As of the latest update, ONGC's last traded price stands at Rs 246.50.
In terms of performance, ONGC has outperformed its sector by 1.24% and has shown a positive trend over the last three days, gaining 3.55% in returns during this period. The stock's performance metrics indicate that it is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

Investor participation has also seen a notable rise, with delivery volume reaching 1.26 crore shares on March 28, marking a 70.29% increase compared to the 5-day average. Additionally, ONGC boasts a high dividend yield of 5.59% at the current price, and its liquidity remains robust, accommodating trade sizes of Rs 7.19 crore based on 2% of the 5-day average traded value. Overall, ONGC's performance today reflects a strong market presence within the oil exploration and refinery sector.