Moneycontrol PRO
HomeNewsBusinessMarketsHFT Scan : Aarti Pharmalabs and Alembic Limited in focus

HFT Scan : Aarti Pharmalabs and Alembic Limited in focus

Aarti Pharmalabs touched a 52-week high on May 14.

May 15, 2024 / 06:52 IST
High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    High-frequency trading was active in Presstonic Engineering, Aarti Pharmalabs, and Alembic Limited on May 14. Aarti Pharmalabs touched a 52-week high on May 14.

    High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds. These firms typically try to capture the spread between the spot and futures prices, but recently they have been active in small, illiquid stocks as well.

    The volumes generated by them, more often than not, attract retail investors to these stocks.

    Stocks where HFTs were active on May 14 :

    Presstonic Engineering
    Active names and traded stake: Mansi Share and Stock Advisors (1.57 percent), Multiplier Share and Stock Advisors (1.29 percent)

    Stock movement and volumes: Lost 19.99 percent to Rs 123.5. Trading volumes at 50 lakh shares versus 1-month average of  93,000 shares

    Technicals: Stock is above 50-DMA and 200-DMA

    Fundamental trigger, if any: The company on May 13 announced its Q4FY24 results

    Aarti Pharmalabs
    Active names and traded stake: Graviton Research Capital (0.54 percent),

    Stock movement and volumes: Gained 18.84 percent to Rs 618.05. Trading volumes at 79 lakh shares versus 1-month average of 6 lakh shares

    Technicals: Stock is above 50-DMA and 200-DMA

    Fundamental trigger, if any: The company on May 13 announced its Q4FY24 results

    Alembic Limited
    Active names and traded stake: Graviton Research Capital (0.53 percent)

    Stock movement and volumes: Gained 14.49 percent to Rs 100.35. Trading volumes at 2 crore shares versus 1-month average of 15 lakh shares

    Technicals: Stock is above 50-DMA and 200-DMA

    Fundamental trigger, if any: The company on May 13 announced its Q4FY24 results

    Moneycontrol News
    first published: May 15, 2024 06:52 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347