Adani Power Ltd Surges with Rs 35,341.38 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 23,428,158 shares and a total traded value of approximately Rs 35,341.38 lakhs. The stock opened at Rs 148.0 and reached an intraday high of Rs 153.9, reflecting a gain of 2.81% during the trading session. As of the latest update, the last traded price stands at Rs 152.12.
In terms of performance, Adani Power has outperformed its sector by 1.73% and has shown a positive trend over the last three days, accumulating a return of 2.25% in 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 momentum.

However, there has been a notable decline in investor participation, with delivery volume on October 10 dropping by 69.86% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of approximately Rs 12.77 crore, based on 2% of the 5-day average traded value. Overall, Adani Power's performance today reflects a robust activity level amidst varying investor engagement.