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Introduction
Step into the dynamic world of Polycab India Limited with our comprehensive analysis. As a key player in the Indian stock market, Polycab India Limited 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, 27-Dec-2024.
Analytics field | 26-Dec-24 | 27-Dec-2024 |
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Open Price | Rs. 7091.85 | Rs. 7147 |
Close Price | Rs. 7147 | Rs. 7150.9 |
High | Rs. 7163.55 | Rs. 7198.05 |
Low | Rs. 7082.35 | Rs. 7082.35 |
Over the span of just one day, from the 26-Dec-24 to the 27-Dec-2024, the analytics field experienced notable shifts in prices. The open price surged from Rs. 7091.85 to Rs. 7147, marking a substantial increase. Similarly, the close price saw a slight up from Rs. 7147 to Rs. 7150.9. The analytics market showed a high price rise from Rs. 7163.55 to Rs. 7198.05, reflecting active trading, and the low price moved from Rs. 7048.7 to Rs. 7082.35
Analytics field | 26-Dec-24 | 27-Dec-2024 |
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No. of shares | 5420 | 6604 |
No of trades | 1134 | 1831 |
Net turnover | 38485002 | 47101013 |
The number of shares traded shifted from 5420 to 6604. Similarly, the number of trades transitioned from 1134 to 1831. This update in trading activity led to a dynamic change in net turnover, which rose from Rs. 38485002 to Rs. 47101013. This indicates increased buying and selling activity, with a significant amount of money moving around in the market during this period.
Analytics field | 26-Dec-24 | 27-Dec-2024 |
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Nse + Bse Trades | 24502 | 24076 |
Nse + Bse Volume | 159240 | 154083 |
There was a noticeable change in market activity on the NSE and BSE. The total number of trades across both exchanges jumped from 24502 to 24076. Additionally, the volume of shares traded also saw a significant change, going from 159240 to 154083. 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.