Piramal Pharma Sees Surge in Trading Activity Amid Strong Sector Performance
Piramal Pharma Ltd has become one of the most actively traded stocks today, with over 33.9 million shares exchanged and a total value of around Rs 78.33 crore. The stock has shown strong performance, outperforming its sector and attracting increased investor participation, indicating robust trading activity in the pharmaceuticals sector.
Piramal Pharma Ltd (PPLPHARMA) has emerged as one of the most active stocks today, with a total traded volume of 33,910,044 shares and a total traded value of approximately Rs 78.33 crore. The stock opened at Rs 221.59 and reached an intraday high of Rs 237.70, reflecting an increase of 8.52% from the previous close of Rs 219.04. The day's low was recorded at Rs 220.35, while the last traded price stands at Rs 226.89.In terms of performance, Piramal Pharma has outperformed its sector by 5.08%, while the broader market, represented by the Sensex, saw a modest return of 0.09%. The stock's one-day return is noted at 3.59%, contrasting with a sector return of -1.37%.
Investor participation has also seen a notable rise, with a delivery volume of 1.65 lakh shares on March 24, marking a 24.26% increase compared to the five-day average delivery volume. Additionally, the stock remains liquid enough for a trade size of Rs 2.44 crore, based on 2% of the five-day average traded value.
Overall, Piramal Pharma's performance today highlights its active trading status and resilience in the pharmaceuticals and drugs sector.
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