Reliance Power Ltd Trades 35.77 Million Shares, Total Value Hits Rs 161.28 Crore

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 35,769,253 shares and a total traded value of approximately Rs 161.28 crores. The stock opened at Rs 43.55, reflecting a significant loss of 10.35% from the previous close of Rs 48.58. Throughout the trading session, Reliance Power reached a day high of Rs 46.33 and a day low of Rs 43.55.
Despite the notable trading activity, Reliance Power underperformed its sector by 5.29%, with a one-day return of -4.96%, compared to the sector's return of -0.43% and the Sensex's return of -0.30%. The stock's performance is characterized by a weighted average price that indicates more volume traded closer to its low price. Additionally, the stock is currently trading above its 5-day moving averages but below its 20-day, 50-day, 100-day, and 200-day moving averages.

Investor participation has seen a rise, with a delivery volume of 3.13 crore shares on October 10, marking an increase of 276.07% against the 5-day average delivery volume. The liquidity of Reliance Power remains adequate for a trade size of Rs 3.78 crores, based on 2% of the 5-day average traded value. Overall, Reliance Power's trading activity today reflects a challenging market environment, with significant fluctuations in its stock price.