RattanIndia Power Experiences Increased Trading Activity Amid Declining Delivery Volumes

RattanIndia Power Ltd, a mid-cap player in the Electric Utilities sector, has emerged as one of the most active equities today, with a total traded volume of 30,287,711 shares and a total traded value of approximately Rs 35.16 crore. The stock opened at Rs 11.30 and reached a day high of Rs 11.87, closing at Rs 11.76, reflecting a 4.92% return for the day.
Over the past three days, RattanIndia Power has shown a positive trend, gaining 6.03% in returns. Notably, the stock has outperformed its sector by 3.87%. However, it is important to highlight that the stock's delivery volume has seen a decline, with a reported delivery volume of 743,400 shares on June 6, which is down by 38.83% compared to the five-day average.

In terms of moving averages, the stock is currently above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. With a market capitalization of Rs 6,304.50 crore, RattanIndia Power continues to demonstrate notable activity in the market, reflecting its current performance metrics.