Inox Wind Shows Signs of Trading Recovery Amid Increased Investor Activity

Inox Wind Ltd, a small-cap player in the Heavy Electrical Equipment sector, has emerged as one of the most active equities today, with a total traded volume of 11,438,011 shares and a total traded value of approximately Rs 160.45 crores. The stock opened at Rs 144.00, reflecting a gain of 5.09% from the previous close of Rs 137.03, and reached an intraday high of Rs 144.00 before settling at a last traded price of Rs 138.74.
Today’s performance indicates a notable trend reversal, as Inox Wind has gained after three consecutive days of decline. The stock outperformed its sector by 1.72%, while the broader market, represented by the Sensex, returned 1.48%. Despite this positive movement, Inox Wind is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a mixed technical outlook.

Investor participation has also seen an uptick, with a delivery volume of 33.37 lakh shares on August 14, marking a 12.23% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 1.72 crores based on 2% of the 5-day average traded value. Overall, Inox Wind's performance today reflects a significant shift in trading dynamics within the context of its recent activity.