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MENON BEARINGS LTD. : 31-Dec-2024 : Stock market live price: 118.7 , 1.06% up from Yesterday

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Introduction

Step into the dynamic world of MENON BEARINGS LTD. with our comprehensive analysis. As a key player in the Indian stock market, MENON BEARINGS 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.

Analytics field 30-Dec-24 31-Dec-2024
Open Price Rs. 118.35 Rs. 117.1
Close Price Rs. 118.35 Rs. 118.7
High Rs. 119.85 Rs. 119
Low Rs. 115.35 Rs. 115.35

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. 118.35 to Rs. 117.1, marking a substantial decrease. Similarly, the close price saw a slight up from Rs. 118.35 to Rs. 118.7. The analytics market showed a high price drop from Rs. 119.85 to Rs. 119, reflecting active trading, and the low price moved from Rs. 117 to Rs. 115.35

Analytics field 30-Dec-24 31-Dec-2024
No. of shares 2328 1460
No of trades 270 172
Net turnover 276970 171772

The number of shares traded shifted from 2328 to 1460. Similarly, the number of trades transitioned from 270 to 172. This update in trading activity led to a dynamic change in net turnover, which drop from Rs. 276970 to Rs. 171772. This indicates increased buying and selling activity, with a significant amount of money moving around in the market during this period.

Analytics field 30-Dec-24 31-Dec-2024
Nse + Bse Trades 1186 860
Nse + Bse Volume 21915 21787

There was a noticeable change in market activity on the NSE and BSE. The total number of trades across both exchanges jumped from 1186 to 860. Additionally, the volume of shares traded also saw a significant change, going from 21915 to 21787. 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.

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