Volume buzzers: Here are today’s high-volume buzzers, 18 October 2023

The Sensex and Nifty are both on a downward trajectory, marking a plunge of 0.72% and 0.62%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting negative momentum, with a plunge of 1.11% and 0.03%, respectively.

Examining the constituents of the Nifty 50 index, notable gainers include Dr Reddy, Cipla and Tata Motors. On the flip side, Bajaj Finance, Bajaj FinServ and Axis Bank stand out as prominent decliners.

Some of the noteworthy volume movers are as follows:

Inducto Steel Ltd

The company is in the business of shipbreaking, trading and investment activities. The stock has experienced a significant spike in trading volume, surging by more than 19.11 times and getting locked at 20% upper circuit to trade at an intraday high and a new 52-week high level of Rs 52.20 per share on the BSE.

Sujala Trading & Holdings Ltd

Sujala Trading & Holdings Ltd is in the business of investing in shares & securities and lending. The stock has seen a substantial increase in trading volume, rising by more than 7.49 times, zooming and getting locked at 20% upper circuit to trade at an intraday high and a new 52-week high level of Rs 32.41 per share on the BSE.

TCM Ltd

TCM Ltd manufactures chemicals and trades solar equipment and healthcare devices. The stock has witnessed a significant surge in trading volume, increasing by more than 5 times and got locked at 20% upper circuit to trade at an intraday high of Rs 56.92 per share on the BSE.

Spectrum Foods Ltd

Spectrum Foods Ltd (a part of Saboo Sodium Chloro Limited) is in the business of trading salt and power generation through windmills. The stock has experienced a substantial increase in trading volume, rising by more than 31.44 times and surging and getting locked at 20% upper circuit to trade at an intraday high and a new 52-week high level of Rs 80.43 per share on the BSE.

Patspin India Ltd

The company manufactures and exports cotton yarn in medium, fine and superfine combed yarns. The stock has witnessed a substantial surge in trading volume, increasing by more than 31.75 times and getting locked at a 20% upper circuit at Rs 14.67 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.