Indian Renewable Energy Development Agency Ltd Trades Rs 133.56 Crores, Among Most Active Equities Today

Indian Renewable Energy Development Agency Ltd (IREDA) has emerged as one of the most active equities today, with a total traded volume of 8,580,216 shares and a total traded value of approximately Rs 133.56 crores. The stock opened at Rs 156.39, reaching a day high of Rs 157.37 before settling at a last traded price of Rs 154.00, reflecting a slight decline of 0.52% for the day. This performance is notable as it underperformed its sector, which saw a return of 0.94%, and the broader Sensex, which returned 0.34%.
Despite the day's challenges, IREDA's stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Investor participation has notably increased, with a delivery volume of 134,300 shares on October 14, marking a significant rise of 498.78% compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 4.46 crores based on 2% of the 5-day average traded value.

In summary, while IREDA faced a minor setback today, its trading activity and liquidity indicate a dynamic presence in the mid-cap finance sector.