Suzlon Energy Ltd Sees 12.28 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 stocks today, with a total traded volume of 12,281,163 shares and a total traded value of approximately Rs 66.17 crore. The stock opened at Rs 53.71 and has shown a slight increase, currently trading at Rs 53.89, marking a 0.50% gain for the day. This uptick comes after two consecutive days of decline, indicating a potential trend reversal.
Despite this positive movement, the stock remains below its 20-day, 50-day, 100-day, and 200-day moving averages, although it is higher than its 5-day moving average. Notably, investor participation has decreased significantly, with a delivery volume of 1.38 crore shares on October 27, reflecting a decline of 69.44% compared to the 5-day average delivery volume.

With a market capitalization of Rs 73,410.45 crore, Suzlon Energy continues to maintain a liquid trading environment, suitable for transactions up to Rs 4.33 crore based on 2% of the 5-day average traded value. Overall, the stock's performance today aligns closely with sector trends, showcasing a modest recovery amidst fluctuating investor activity.