ACME Solar Holdings Sees Surge in Trading Volume and Continued Positive Performance

ACME Solar Holdings Ltd, a mid-cap holding company, has emerged as one of the most active equities today, with a total traded volume of 5,163,708 shares and a total traded value of approximately Rs 153.94 crores. The stock opened at Rs 293.90, reflecting a gain of 2.38%, and reached an intraday high of Rs 303.94, marking a 5.87% increase from the previous close of Rs 287.08.
Notably, ACME Solar has outperformed its sector by 4.62% today, continuing a positive trend with a consecutive gain over the last five days, resulting in a total return of 20.04% during this period. The stock's performance is further underscored by its trading above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

Investor participation has also seen a significant rise, with delivery volume on July 10 reaching 3.87 million shares, a staggering increase of 581.42% compared to the 5-day average. The liquidity of ACME Solar is robust, supporting trade sizes of up to Rs 2.6 crores based on 2% of the 5-day average traded value.

In summary, ACME Solar Holdings Ltd has demonstrated strong performance metrics today, reflecting a solid market position within its industry.