Reliance Power Ltd Sees 5.86 Million Shares Traded, Ranking Among Top Volume Movers

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 5,864,578 shares and a total traded value of approximately Rs 27.19 crores. The stock opened at Rs 46.56, reaching a day high of Rs 46.71 before settling at a last traded price of Rs 46.11, reflecting a slight decline of 0.24% for the day.
Despite this minor dip, the stock's performance remains in line with sector trends, which saw a 1D return of 0.33%. Notably, Reliance Power has experienced a significant increase in investor participation, with delivery volume on October 13 rising by 115.38% compared to the five-day average. This uptick in activity indicates a growing interest among traders.

In terms of moving averages, the stock is currently above its five-day moving average but below the 20-day, 50-day, 100-day, and 200-day averages. With a market capitalization of Rs 19,070.04 crores, Reliance Power continues to maintain a liquid trading environment, suitable for transactions around Rs 5.21 crores based on 2% of the five-day average traded value. Overall, Reliance Power's trading activity today reflects a dynamic engagement within the market.