Suzlon Energy Ltd Sees 10.1 Million Shares Traded, Among Most Active Stocks Today

Suzlon Energy Ltd, a prominent player in the Heavy Electrical Equipment industry, has emerged as one of the most active stocks today, with a total traded volume of 10,123,117 shares and a total traded value of approximately Rs 57.38 crores. The stock opened at Rs 56.96, slightly above its previous close of Rs 56.64, reaching a day high of Rs 57.06 and a day low of Rs 56.30.
Notably, the stock has shown signs of a trend reversal, gaining after four consecutive days of decline. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. The delivery volume on September 25 was recorded at 2.06 crore shares, reflecting a decline of 26.73% compared to the 5-day average delivery volume, suggesting a decrease in investor participation.

Despite these fluctuations, Suzlon Energy maintains a market capitalization of Rs 76,898.48 crores, categorizing it as a mid-cap stock. Overall, the stock's performance today aligns closely with sector trends, with a 1-day return of -0.16%, compared to a sector return of -0.48% and a Sensex return of -0.43%.