Adani Power Ltd Sees 8.62 Million Shares Traded, Ranking Among Top 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 8,622,170 shares and a total traded value of approximately Rs 145.51 crores. The stock opened at Rs 168.50 and reached a day high of Rs 169.77, while the day low was recorded at Rs 167.01. As of the latest update, the last traded price stands at Rs 168.33.
In terms of performance, Adani Power has outperformed its sector by 0.26% today, marking a consecutive gain over the last two days with a total return of 2.24% during this period. 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.

However, it is noteworthy that investor participation has seen a decline, with delivery volume on October 24 dropping by 79.44% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 29.08 crores, based on 2% of the 5-day average traded value. Overall, Adani Power's performance reflects a robust market position within the large-cap segment of the power industry.