Volume buzzers: Here are today’s high-volume buzzers, 16 October 2023

The Sensex and Nifty are showing a mix of trends at the moment. In contrast, the Nifty Midcap and Nifty Smallcap segments are displaying strength, with gains of 0.25% and 0.52%, respectively.

Among the components of the Nifty 50 index, Hero MotoCorp, JSW Steel and Tata Steel are leading the way in terms of gains. Meanwhile, Nestle India, Divi’s Laboratories, and Asian Paints are among the prominent decliners.

Some of the noteworthy volume movers are as follows:

State Trading Corporation Of India

State Trading Corporation of India Ltd is primarily involved in the import and export of a large number of bulk oils, fertilisers, coal, bullion, etc. The stock has experienced a significant spike in trading volume, surging by more than 13.41 times and getting locked at 20% upper circuit to trade at an intraday high of Rs 154.50 per share on the BSE. 

Jindal Photo

The jindal photo company is engaged in the business of holding investments in shares of group companies and providing management consultancy. The stock has seen a substantial increase in trading volume, rising by more than 3.49 times, zooming and getting locked at 20% upper circuit to trade at an intraday high of Rs 748.20 per share on the BSE. 

Prakash Pipes

Prakash Pipes is engaged in the manufacturing of PVC pipes and fittings and packaging products. The stock has witnessed a significant surge in trading volume, increasing by more than 3.46 times and got locked at 20% upper circuit to trade at an intraday high of Rs 405.05 per share on the BSE.

Chandni Machines

Chandni Machines Ltd does the trading of engineering goods. The stock has experienced a substantial increase in trading volume, rising by more than 14.35 times and surging and getting locked at 20% upper circuit to trade at an intraday high of Rs 19.62 per share on the BSE.

KIOCL

 KIOCL is a flagship company under the Ministry of Steel, GOI, with Miniratna status and is an export-oriented unit with expertise in iron ore mining, filtration technology, and the production of high-quality pellets. The stock has witnessed a substantial surge in trading volume, increasing by more than 7.70 times and getting locked at a 20% upper circuit at Rs 397 apiece on the BSE. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.