Adani Power Ltd Sees 71.49 Million Shares Traded, Ranking Among Most Active Stocks 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 71,489,286 shares and a total traded value of approximately Rs 111.62 crore. The stock opened at Rs 158.10, reaching a day high of Rs 158.20, but has since seen a decline, with a last traded price of Rs 156.34, reflecting a 0.83% decrease for the day.
Despite this dip, Adani Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend over the longer term. However, it has underperformed the sector by 1.15% today, following a five-day streak of gains that has now reversed.

Investor participation has shown a notable increase, with a delivery volume of 1.88 crore shares on October 15, marking a 3.21% rise compared to the five-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 15.09 crore based on 2% of the five-day average traded value.

In summary, while Adani Power has faced a slight decline today, its overall market position and trading metrics suggest a solid foundation within the large-cap power sector.