Reliance Power Ltd Sees 21.17 Million Shares Traded, Ranking Among Most Active Stocks Today

Reliance 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 21,167,216 shares and a total traded value of approximately Rs 90.21 crores. The stock opened at Rs 43.02 and reached a day high of Rs 43.37, but also experienced a significant intraday low of Rs 42.20, reflecting a decline of 3.85% from its previous close of Rs 43.89.
In terms of performance, Reliance Power has underperformed its sector by 2.78% and has seen a consecutive decline over the last three days, resulting in a total drop of 9.24% during this period. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising by 117.43% against the 5-day average, reaching 3.91 crore shares on November 3. The stock remains liquid enough for a trade size of Rs 5.13 crores, based on 2% of the 5-day average traded value. Overall, Reliance Power's current performance reflects a complex market position amid fluctuating trading activity.