Reliance Power Sees Surge in Trading Activity and Investor Participation

Reliance Power Ltd, a prominent player in the power industry, has emerged as one of the most active equities today, with a total traded volume of 496,220,802 shares and a total traded value of approximately Rs 345.37 lakhs. The stock opened at Rs 65.69, reflecting a gain of 2.72%, and reached an intraday high of Rs 74.96, marking a 5.22% increase. The last traded price stands at Rs 71.89, showcasing a 4.35% return for the day.
Notably, Reliance Power has outperformed its sector by 3.15% and has shown consistent growth over the past four days, accumulating a remarkable 21.22% return 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 12.09 crore shares on June 10, reflecting a 116.23% increase compared to the 5-day average. With a market capitalization of Rs 30,646.45 crore, Reliance Power continues to demonstrate robust liquidity, supporting trade sizes of Rs 37.11 crore. Overall, the stock's performance today highlights its strong market position and active trading dynamics.