Adani Power Ltd Sees 11.7 Million Shares Traded, Among Most Active Equities Today

Adani Power Ltd, a prominent player in the power industry, has emerged as one of the most active equities today, with a total traded volume of 11,713,641 shares and a total traded value of approximately Rs 172.99 crores. The stock opened at Rs 148.70, reaching a day high of Rs 149.60 before settling at a last traded price of Rs 147.35. This performance reflects a 0.58% return for the day, slightly outperforming the sector's return of 0.74% and the Sensex's return of 0.36%.
Despite this activity, the stock has shown signs of falling investor participation, with a delivery volume of 1.73 crore shares on September 26, which represents a significant decline of 51.35% compared to the five-day average delivery volume. In terms of liquidity, the stock remains accessible for trading, with a liquidity level based on 2% of the five-day average traded value sufficient for a trade size of Rs 48.05 crores.

Adani Power's performance today indicates a solid market position within the large-cap segment, with its current price above the 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Overall, the stock's activity today highlights its ongoing engagement in the market, reflecting both its trading dynamics and current investor sentiment.