Top 10: THOMASCOOK, ADANIPOWER & Other Shares with upto 3500% Vol Gains
As the markets continue to scale new highs on back of rise in global markets a number of shares witnessed spike in traded volumes. Top ten volume momentum stocks were largely from Nifty500 & Nifty250 indices, Nifty500 accounted for six of ten stocks. Services, Financial Services, Metals and Energy were the sector which constituted top ten stocks. list of Top 10 includes THOMASCOOK, ADANIPOWER & other stocks.
Thomas Cook India Ltd Fully Paid Ord. Shrs (NSE:THOMASCOOK) stock witnessed spike of 3593% in the traded volume. THOMASCOOK delivered 20% price gains during the week. The stock rose to Rs 31.55 from Rs 26.4. Linde India Ltd (NSE: LINDEINDIA) was the second most share with volume gains. LINDEINIDA stock spiked 1994% during past five days. The stock delivered 7% price gains rising from Rs 824 to Rs 888.
Indian Overseas Bank (NSE:IOB) witnessed 1889% spike in the traded volume. IOB stock gained a meager 2% during the week. IOB stock rose to Rs 454 from 446. Adani Power Ltd (NSE: ADANIPOWER) witnessed 1627% spike in traded volumes of its share. ADANIPOWER delivered 4% price gains during the week.
Dredging Corporation of India (NSE: DREDGECORP) also witnessed during 1620% past week. DREDGECORP stock price gained 7% during the week. It rose to Rs 252 from Rs 236. TV Today Network (NSE: TVTODAY) witnessed 1489% spike in the traded volume. TVTODAY stock rose 4% during the week. Dalmia Bharat (NSE:DALBHARAT) was another share that gained 4% in stock prices during the week.
E.I.D-Parry (India) Ltd (NSE: EIDPARRY) was the only fertilizer stock in the list. EIDPARRY stock price gained 5% during the week. Its stock price rose to Rs 284 from Rs 270. Mercator Ltd (NSE: MERCATOR) was another stock with 800% spike in its traded volume. MERCATOR stock price rose 6% during the week, from Rs 0.85 to Rs0.90. EIH Limited (NSE:EIHOTEL) stock price rose by a just 1% despite 792% spike in the traded volume.