Reliance Industries Ltd Sees Rs 54,991.73 Lakhs in Trading Activity Today

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active equities today, with a total traded volume of 3,975,689 shares and a total traded value of approximately Rs 54,991.73 lakhs. The stock opened at Rs 1,377.8, matching its previous close, and has since reached a day high of Rs 1,388.0, while the day low was recorded at Rs 1,375.1. As of the latest update, the last traded price stands at Rs 1,387.3.
In terms of performance, Reliance Industries has outperformed its sector by 0.26%, marking a consecutive gain over the last two days with a total return of 1.47% during this period. The stock has traded within a narrow range of Rs 12.9 today. Notably, it is currently above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

Despite these positive indicators, there has been a decline in investor participation, with delivery volume on October 9 falling by 37.27% compared to the 5-day average. The stock remains liquid enough for trading, with a market capitalization of Rs 18,76,141.49 crore, classifying it as a large-cap entity. Overall, Reliance Industries continues to demonstrate solid performance metrics in the current market landscape.