Reliance Power Shows Strong Trading Metrics Amid Decline in 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 86,640,823 shares and a total traded value of approximately Rs 53,899.26 lakhs. 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 61.96, marking a 1.46% gain for the day.
In terms of performance, Reliance Power has outperformed its sector by 0.64% and has shown a consecutive gain over the last two days, yielding a total return of 4.77% in that period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

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, with a liquidity level based on 2% of the 5-day average traded value amounting to Rs 41.75 crores. Overall, Reliance Power's performance today highlights its active market presence and solid trading metrics.