Suzlon Energy Ltd Sees 10.99 Million Shares Traded, Ranking Among Most Active Stocks Today

Suzlon Energy Ltd, a prominent player in the Heavy Electrical Equipment sector, has emerged as one of the most active equities today, with a total traded volume of 10,995,543 shares and a total traded value of approximately Rs 59.84 crores. The stock opened at Rs 54.35 and reached a day high of Rs 54.80, while the day low was Rs 54.05. As of the latest update, the last traded price (LTP) stands at Rs 54.68.
Despite today's activity, Suzlon Energy has underperformed its sector by 0.25%. This marks a trend reversal, as the stock has gained after two consecutive days of decline. However, it is noteworthy that the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

Investor participation appears to be waning, with delivery volume on October 6 falling by 11.2% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades up to Rs 6.6 crores, based on 2% of the 5-day average traded value. Overall, Suzlon Energy's performance today reflects a complex interplay of market dynamics within the mid-cap segment, warranting close observation.