Reliance Power Sees Increased Trading Activity Amid Declining Investor Participation

Reliance Power Ltd, a mid-cap player in the power industry, has emerged as one of the most active equities today, with a total traded volume of 48,025,441 shares and a traded value of approximately Rs 220.92 lakhs. The stock opened at Rs 45.45 and reached a day high of Rs 46.73, while the day low was recorded at Rs 45.25. As of the latest update, the last traded price (LTP) stands at Rs 45.81.
In terms of performance, Reliance Power has shown a positive trend, gaining 3.18% over the last three days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, it is noteworthy that investor participation has seen a decline, with a delivery volume of 2.29 crore shares on May 19, reflecting a decrease of 13.12% compared to the 5-day average delivery volume.

Despite these fluctuations, the stock's liquidity remains robust, accommodating trade sizes of Rs 3.75 crore based on 2% of the 5-day average traded value. Overall, Reliance Power's performance today aligns with sector trends, showcasing resilience in a fluctuating market environment.