RattanIndia Power Sees Surge in Trading Activity Amid Strong Performance Trends

RattanIndia Power Ltd, a mid-cap player in the Power Generation and Distribution industry, has emerged as one of the most active stocks today, with a total traded volume of 10,330,206 shares and a total traded value of approximately Rs 101.86 crore. The stock opened at Rs 9.55 and reached a day high of Rs 10.13, closing at Rs 10.11, reflecting a notable 7.52% increase for the day.
Over the past four days, RattanIndia Power has shown a strong performance, gaining 16.36% during this period and outperforming its sector by 7.63%. However, the stock's delivery volume has seen a decline, with 89.78 lakh shares delivered on March 6, down 11.75% compared to the five-day average.

In terms of moving averages, the stock is currently above its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day averages. With a market capitalization of Rs 5,279 crore, RattanIndia Power continues to demonstrate liquidity, suitable for trades around Rs 0.37 crore based on 2% of the five-day average traded value. Overall, RattanIndia Power's performance today highlights its active trading status and recent upward momentum in the market.