Adani Power Ltd Sees 27.4 Million Shares Traded, Ranking Among Most Active Equities Today

Adani Power Ltd, a prominent player in the power industry, has emerged as one of the most actively traded stocks today, with a total traded volume of 27,446,186 shares and a total traded value of approximately Rs 444.52 crores. The stock opened at Rs 157.26 and reached a day high of Rs 164.38, reflecting a notable intraday increase of 3.74%. As of the latest update, the last traded price stands at Rs 163.15.
In terms of performance, Adani Power has outperformed its sector by 2.81%, showcasing a 1-day return of 3.75%, compared to the sector's return of 0.61% and the Sensex's return of 0.13%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also surged, with delivery volume on October 16 rising by an impressive 1,038.32% against the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 26.84 crores based on 2% of the 5-day average traded value. Overall, Adani Power's performance today reflects significant activity and positive momentum within the market.