Lakshmi Finance, Lotus Eye Hospital, IEX among stocks that are witnessing spurt in volumes today

At 1:30 PM, the S&P BSE SENSEX was trading at the 79,217.47 level, declining 583.96 points, or 0.73%, while the NSE's NIFTY50 index fell 204.15 points, or 0.84%, to 24,042.55.

On the NIFTY50 index, SBI Life Insurance (4.96%), Infosys (1.20%), Tata Consultancy Services (1.11%), Tech Mahindra (0.73%) and IndusInd Bank (0.59%) were the only gainers.

On the flip side, Axis Bank, Adani Enterprises, Adani Ports, Shriram Finance and Trent were the biggest laggards, declining as much as 3.66% on the 50-share index.

Among the high-volume buzzers, shares of Lakshmi Finance & Industrial Corporation, Lotus Eye Hospital and Institute, Jagsonpal Pharmaceuticals and Indian Energy Exchange topped the charts.

A volume in the stock volume is the number of shares traded in a specific period. A spurt in volume means the stock is witnessing a lot of interest or activity happening around the equity market.

Lakshmi Finance & Industrial Corporation’s counter witnessed the highest spurt in trading volumes. According to the National Stock Exchange data, the number of Lakshmi Finance & Industrial Corporation shares that changed hands on Friday was already over 60.47 times higher than the daily average on the stock counter.  

Counter of Lotus Eye Hospital and Institute saw 41.19 times higher trading volume than the daily average. Shares of the company were trading 12% higher during the intraday period on Friday.

Further, counters of LIC MF-LIC MF Exchange Traded Fund, Jagsonpal Pharmaceuticals and GSS Infotech were higher by 27.77, 25.69 and 15.13 times than the daily average.

Volumes at the Indian Energy Exchange counter were 13.11 times higher than the daily average; however, the Edelweiss Mutual Fund counter witnessed 10.68 times higher volume than the daily average.

Shares of Indian Energy Exchange (IEX) rallied 5.51% on Friday to an intraday high of ₹201.35 apiece on NSE after the company’s consolidated net profit surged 21.12% year-on-year (YoY) to ₹117.11 crore in the March quarter of FY25, compared to ₹96.69 crore in the year-ago period.

Again, counters of Repro India and Eldeco Housing and Industries marked 9.62 and 9.10 times higher volume than the daily average, respectively. This is the second day when Eldeco Housing is witnessing high-volume trade.

Volumes at ABM International counters were 7.18 times higher than the daily average.