RattanIndia Power Experiences High Trading Volume Amid Mixed Performance Indicators

RattanIndia Power Ltd, a mid-cap player in the power industry, has emerged as one of the most active equities today, with a total traded volume of 39,899,354 shares and a total traded value of approximately Rs 51.35 crore. The stock opened at Rs 12.77 and reached a day high of Rs 13.03, while the day low was recorded at Rs 12.74. As of the latest update, the last traded price stands at Rs 12.92.
In terms of performance, RattanIndia Power has outperformed its sector by 0.25%. However, it is noteworthy that the stock is currently trading above its 100-day and 200-day moving averages, yet below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume dropping by 45.48% compared to the 5-day average, totaling 1 crore on August 1.

Despite these fluctuations, the stock remains liquid enough for a trade size of Rs 2.05 crore, based on 2% of the 5-day average traded value. Overall, RattanIndia Power Ltd continues to exhibit significant trading activity amidst varying performance indicators.