Reliance Power Sees High Trading Volume Amid Mixed Investor Participation Trends

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 101,843,093 shares and a total traded value of approximately Rs 63.29 crore. The stock opened at Rs 60.10 and reached a new 52-week high of Rs 63.43, reflecting a 4.1% increase during the trading session. The last traded price stands at Rs 61.79, marking a 1.54% gain for the day.
In terms of performance, Reliance Power has outperformed its sector by 0.64%, and it has shown a consistent upward trend, gaining 4.77% over the last two days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market.

However, there has been a noted decline in investor participation, with delivery volume dropping by 9.56% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 41.75 crore, supported by a market capitalization of Rs 24,853 crore. Overall, Reliance Power's performance today highlights its active trading status and resilience in the power sector.