Inox Wind Sees Surge in Trading Activity Amid Increased Investor Engagement

Inox Wind Ltd, a prominent player in the Heavy Electrical Equipment sector, has emerged as one of the most active equities today, with a total traded volume of 8,830,484 shares and a total traded value of approximately Rs 127.55 crores. The stock opened at Rs 141.00 and reached a day high of Rs 146.94, reflecting a notable intraday gain of 4.26%. The last traded price stands at Rs 146.86, marking a 4.20% increase for the day, which outperformed the sector's average return of 0.90% and the Sensex's marginal gain of 0.03%.
Inox Wind has shown a consistent upward trend, gaining 6.41% over the past two days. The stock's performance is supported by a significant rise in investor participation, with delivery volume on August 18 reaching 77.32 lakhs, a 134.33% increase compared to the five-day average. While the stock is currently trading above its five-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages.

With a market capitalization of Rs 24,195 crores, Inox Wind continues to demonstrate liquidity, suitable for trades around Rs 3.24 crores based on 2% of the five-day average traded value. Overall, Inox Wind's performance today reflects strong activity and investor engagement within the small-cap segment of the market.