Inox Wind Sees Surge in Trading Activity Amid Increased Investor Participation

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 10,570,745 shares and a total traded value of approximately Rs 15,299.04 lakhs. The stock opened at Rs 141.00 and reached a day high of Rs 146.94, reflecting a notable intraday increase of 4.26%. Currently, the last traded price stands at Rs 145.69.
Inox Wind has outperformed its sector by 2.98% today, marking a consecutive gain over the last two days with a total return of 6.41% during this period. The stock's performance is noteworthy, as it has shown 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.

Despite being higher than the five-day moving averages, the stock remains below the 20-day, 50-day, 100-day, and 200-day moving averages. With a market capitalization of Rs 24,195.00 crore, Inox Wind continues to demonstrate liquidity, suitable for trade sizes of Rs 3.24 crore based on 2% of the five-day average traded value. Overall, Inox Wind's performance today reflects a dynamic trading environment within the small-cap segment of the market.