Adani Power Ltd Sees Rs 30,517.67 Lakhs in Trade Value 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 19,616,682 shares and a total traded value of approximately Rs 30,517.67 lakhs. The stock opened at Rs 156.00 and reached a day high of Rs 158.20, while the day low was recorded at Rs 153.21. As of the latest update, the last traded price stands at Rs 156.90.
In terms of performance, Adani Power has outperformed its sector by 1.24%, marking a trend reversal after two consecutive days of decline. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day and 20-day moving averages. Notably, investor participation has seen a decline, with delivery volume on November 3 dropping by 44.78% compared to the 5-day average.

With a market capitalization of Rs 2,96,406.00 crore, Adani Power continues to maintain a liquid trading environment, suitable for transactions around Rs 16.23 crore based on 2% of the 5-day average traded value. Overall, the stock's performance today reflects a complex interplay of market dynamics and investor behavior.