RattanIndia Power Sees Surge in Trading Activity Amid Mixed Sector Performance
RattanIndia Power Ltd has seen significant trading activity, with over 45 million shares exchanged and a market capitalization of Rs 6,669.67 crore. The stock's performance reflects increased investor participation, despite underperforming its sector. It remains above certain moving averages while showing mixed results overall.
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 45,467,998 shares and a total traded value of approximately Rs 55.97 crore. The stock opened at Rs 11.92 and reached a day high of Rs 12.65, while the day low was recorded at Rs 11.72. As of the latest update, the last traded price stands at Rs 12.31.Despite this activity, RattanIndia Power has underperformed its sector by 0.58%. The stock is currently positioned above its 5-day and 200-day moving averages, although it remains below the 20-day, 50-day, and 100-day moving averages. Notably, there has been a significant increase in investor participation, with a delivery volume of 1.5 crore shares on August 28, reflecting a rise of 74.05% compared to the 5-day average delivery volume.
With a market capitalization of Rs 6,669.67 crore, RattanIndia Power continues to demonstrate liquidity, suitable for trade sizes of Rs 0.8 crore based on 2% of the 5-day average traded value. Overall, the stock's performance today highlights notable trading activity amidst mixed sector performance.
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