Suzlon Energy Ltd Sees 6.26 Million Shares Traded, Ranking Among Most Active Equities 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 6,261,383 shares and a total traded value of approximately Rs 36.19 crore. The stock opened at Rs 57.5 and reached a day high of Rs 58.2, while the day low was recorded at Rs 57.46. As of the latest update, the last traded price stands at Rs 57.77.
Despite today's activity, Suzlon Energy has underperformed its sector by 0.27%. This marks a trend reversal for the stock, which has gained after three consecutive days of decline. However, it is noteworthy that Suzlon Energy 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 a delivery volume of 2.08 crore shares on September 24, reflecting a decline of 31.27% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades sized at Rs 6.73 crore, based on 2% of the 5-day average traded value. Overall, Suzlon Energy's performance today highlights a mix of activity and underlying challenges within the market.