Adani Power Ltd Sees 5,011,140 Shares Traded, Ranking Among Most Active Equities

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 5,011,140 shares and a total traded value of approximately Rs 74.43 crore. The stock opened at Rs 148.00 and reached a day high of Rs 149.45, while the day low was recorded at Rs 147.52. As of the latest update, the last traded price stands at Rs 149.06.
Despite its active trading status, Adani Power has underperformed its sector by 0.6% today, marking a reversal after two consecutive days of gains. The stock's performance is currently higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day moving average. Notably, investor participation has seen a decline, with delivery volume on October 10 dropping by 69.86% compared to the 5-day average.

With a market capitalization of Rs 2,87,206.96 crore, Adani Power continues to maintain a liquid trading environment, suitable for transactions up to Rs 12.77 crore based on 2% of the 5-day average traded value. Overall, the stock's performance reflects a complex interplay of market dynamics and investor behavior.