Moneycontrol PRO
HomeNewsBusinessMarketsHFT Scan: BEML Limited and D-Link India Limited in focus

HFT Scan: BEML Limited and D-Link India Limited in focus

D-Link India Limited touched a 51-week high on May 13.

May 14, 2024 / 06:46 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 BEML Limited, D-Link India Limited, and TruCap Finance on May 13. D-Link India Limited touched a 51-week high on May 13.

    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 13 :

    BEML Limited 
    Active names and traded stake: Graviton Research Capital (0.61 percent)

    Stock movement and volumes: Gained 14.53 percent to Rs 3,676.45. Trading volumes at 34 lakh shares versus 1-month average of 4 lakh shares

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

    Fundamental trigger, if any: The company on May 12 published its current order book details

    D-Link India Limited 
    Active names and traded stake: Graviton Research Capital (1.41 percent), Mircocurves Trading Private Limited (1.39 percent), QE Securities (1.51 percent)

    Stock movement and volumes: Gained 13.62 percent to Rs 387.5. Trading volumes at 93 lakh shares versus 1-month average of 8 lakh shares

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

    Fundamental trigger, if any: The company on May 11 announced its Q4FY24 results

    TruCap Fianance
    Active names and traded stake: Jainam Broking (0.9 percent), HRTI Private Limited (0.37 percent)

    Stock movement and volumes: Lost 5.97 percent to Rs 61.45. Trading volumes at 72 lakh shares versus 1-month average of 32 lakh shares

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

    Fundamental trigger, if any: No

    Moneycontrol News
    first published: May 14, 2024 06:46 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