Share the post "Melstar Information Technologies Ltd. : 15-Jul-2024 : Stock market live price: 4.36 , 99.95% down from Yesterday"
Introduction
Step into the dynamic world of MELSTAR INFORMATION TECHNOLOGI with our comprehensive analysis. As a key player in the Indian stock market, MELSTAR INFORMATION TECHNOLOGI commands attention with its notable presence. Our report conducts a thorough examination of its recent trading performance, honing in on the activities observed on the latest trading day, 15-Jul-2024.
| Analytics field | 14-Jul-24 | 15-Jul-2024 |
|---|---|---|
| Open Price | Rs. 8454.45 | Rs. 4.35 |
| Close Price | Rs. 8207.45 | Rs. 4.36 |
| High | Rs. 8469.45 | Rs. 4.55 |
| Low | Rs. 4.35 | Rs. 4.35 |
Over the span of just one day, from the 14-Jul-24 to the 15-Jul-2024, the analytics field experienced notable shifts in prices. The open price surged from Rs. 8454.45 to Rs. 4.35, marking a substantial decrease. Similarly, the close price saw a slight down from Rs. 8207.45 to Rs. 4.36. The analytics market showed a high price drop from Rs. 8469.45 to Rs. 4.55, reflecting active trading, and the low price moved from Rs. 8195 to Rs. 4.35
| Analytics field | 14-Jul-24 | 15-Jul-2024 |
|---|---|---|
| No. of shares | 12595 | 23224 |
| No of trades | 2390 | 17 |
| Net turnover | 103936425 | 101384 |
The number of shares traded shifted from 12595 to 23224. Similarly, the number of trades transitioned from 2390 to 17. This update in trading activity led to a dynamic change in net turnover, which drop from Rs. 103936425 to Rs. 101384. This indicates increased buying and selling activity, with a significant amount of money moving around in the market during this period.
| Analytics field | 14-Jul-24 | 15-Jul-2024 |
|---|---|---|
| Nse + Bse Trades | 66707 | 33 |
| Nse + Bse Volume | 418788 | 27387 |
There was a noticeable change in market activity on the NSE and BSE. The total number of trades across both exchanges jumped from 66707 to 33. Additionally, the volume of shares traded also saw a significant change, going from 418788 to 27387. This indicates a surge in trading activity, suggesting that more investors were actively buying and selling shares.
The absence of Bulk , Block , internal , deals during this time further underscores the organic nature of this increased activity, suggesting a wider participation from investors and a higher transaction volume within this period.
