Suzlon Energy Ltd Sees 12.44 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 12,440,859 shares and a total traded value of approximately Rs 66.83 crores. The stock opened at Rs 53.30 and reached a day high of Rs 54.34, while the day low was Rs 53.23. As of the latest update, the last traded price stands at Rs 54.31.
Despite this activity, Suzlon Energy has underperformed its sector by 0.25%. However, it has shown a positive trend over the last two days, gaining 1.72% during this period. Notably, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential challenge in maintaining upward momentum.

Investor participation has seen a rise, with a delivery volume of 3.51 crore shares on October 9, reflecting a 10.62% increase compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 7.09 crores based on 2% of the 5-day average traded value.

In summary, while Suzlon Energy has experienced notable trading activity, its performance metrics suggest a complex market position within the mid-cap segment, warranting close observation.