RattanIndia Power Ltd Sees Surge in Trading Volume and Investor Engagement
RattanIndia Power Ltd has become highly active in the market, with over 80 million shares traded and significant investor participation. The stock has shown strong performance, outperforming its sector and trading above key moving averages, indicating a robust upward trend and increased liquidity.
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 80,746,133 shares and a total traded value of approximately Rs 12,830.56 lakhs. The stock opened at Rs 15.82 and reached a day high of Rs 16.24, while the last traded price (LTP) stands at Rs 15.69, reflecting a 1.42% return for the day. Notably, RattanIndia Power has outperformed its sector by 0.44% and has shown a remarkable performance over the past six days, gaining 15.16% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Investor participation has also seen a significant rise, with a delivery volume of 9.52 crore shares on June 30, marking a 215.18% increase compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 6.56 crore based on 2% of the 5-day average traded value.
In summary, RattanIndia Power Ltd continues to demonstrate strong performance metrics and investor engagement in the power sector.
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