Indian Renewable Energy Development Agency Ltd Sees 7.26 Million Shares Traded Today

Indian Renewable Energy Development Agency Ltd (IREDA) has emerged as one of the most active equities today, with a total traded volume of 7,258,763 shares and a total traded value of approximately Rs 110.62 crores. The stock opened at Rs 151.68, reflecting a gain of 2% from the previous close of Rs 148.70, and reached an intraday high of Rs 154.35, marking a 3.8% increase during the trading session.
Despite this positive performance, the stock's delivery volume has seen a decline, with 276,000 shares delivered on September 30, representing a 15.47% drop compared to the five-day average. IREDA's current price of Rs 151.99 positions it above the five-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In terms of market performance, IREDA has outperformed its sector by 1.74%, while the broader Sensex recorded a modest gain of 0.23%. With a market capitalization of Rs 42,545.81 crores, IREDA continues to demonstrate notable activity in the finance industry. Overall, the stock's performance today reflects a mix of positive price movement and declining investor participation.