CONFIDENCE PETROLEUM INDIA LTD : 31-Dec-2024 : Stock market live price: 70.03 , 0.25% down from Yesterday

Introduction

Step into the dynamic world of CONFIDENCE PETROLEUM INDIA LTD with our comprehensive analysis. As a key player in the Indian stock market, CONFIDENCE PETROLEUM INDIA LTD 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, 31-Dec-2024.

Over the span of just one day, from the 30-Dec-24 to the 31-Dec-2024, the analytics field experienced notable shifts in prices. The open price surged from Rs. 73 to Rs. 71.05, marking a substantial decrease. Similarly, the close price saw a slight down from Rs. 70.87 to Rs. 70.03. The analytics market showed a high price drop from Rs. 73.26 to Rs. 71.05, reflecting active trading, and the low price moved from Rs. 70.58 to Rs. 68.9

The number of shares traded shifted from 35673 to 80812. Similarly, the number of trades transitioned from 628 to 1175. This update in trading activity led to a dynamic change in net turnover, which rose from Rs. 2545568 to Rs. 5625440. This indicates increased buying and selling activity, with a significant amount of money moving around in the market during this period.

There was a noticeable change in market activity on the NSE and BSE. The total number of trades across both exchanges jumped from 4605 to 7588. Additionally, the volume of shares traded also saw a significant change, going from 410031 to 696860. 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.