Reliance Power Sees High Trading Volume Amid Declining Investor Participation

Reliance Power Ltd, a prominent player in the Power Generation and Distribution industry, has emerged as one of the most active equities today, with a total traded volume of 31,200,326 shares and a total traded value of approximately Rs 13,172.78 lakhs. The stock opened at Rs 41.93 and reached a day high of Rs 42.76, while the day low was recorded at Rs 41.05. As of the latest update, the last traded price stands at Rs 42.27.
In terms of performance, Reliance Power has outperformed its sector by 0.67%, marking a consecutive gain over the last two days with a total return of 2.29% 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 positive trend in its price movement.

However, it is noteworthy that investor participation has seen a decline, with delivery volume on April 2 falling by 61.05% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 6.26 crore, based on 2% of the 5-day average traded value. Overall, Reliance Power's performance today reflects a mix of positive price trends and reduced investor activity.