RattanIndia Power Ltd Sees 22.36 Million Shares Traded, Ranking Among Top Volume Movers

RattanIndia Power Ltd, a small-cap player in the power industry, has emerged as one of the most active equities today, with a total traded volume of 22,357,857 shares and a total traded value of approximately Rs 2,591.28 lakhs. The stock opened at Rs 11.15, reaching a day high of Rs 11.94 before settling at a last traded price of Rs 11.60. This marks a notable performance, as the stock has outperformed its sector by 3.47% and has gained 3.96% today, reversing a trend of four consecutive days of decline.
Despite this positive movement, RattanIndia Power's stock remains below its 20-day, 50-day, 100-day, and 200-day moving averages, although it is higher than its 5-day moving average. Investor participation has shown signs of decline, with delivery volume on October 9 falling by 3.67% compared to the 5-day average. The stock's liquidity remains adequate, with a trade size of Rs 0.31 crore based on 2% of the 5-day average traded value.

Overall, RattanIndia Power Ltd's performance today reflects a significant rebound amidst a challenging trend, highlighting its current market activity and position within the power sector.