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 453,911,877 shares and a total traded value of approximately Rs 260.55 crores. The stock opened at Rs 52.48 and reached a day high of Rs 60.65, marking a notable increase of 4.39% during the trading session. The last traded price (LTP) stands at Rs 59.21.
In terms of performance, Reliance Power has outperformed its sector by 1.96%, showcasing a strong upward trend with a consecutive gain over the last three days, resulting in a total return of 17.83% 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 robust performance trajectory.

Investor participation has also seen a significant rise, with a delivery volume of 12.04 crores on May 30, reflecting an increase of 107.35% compared to the 5-day average delivery volume. The liquidity of the stock remains favorable, with a trade size of Rs 28.88 crores based on 2% of the 5-day average traded value. Overall, Reliance Power's performance today highlights its strong market position and active trading dynamics.