Suzlon Energy Ltd Sees 6.58 Million Shares Traded, Among Most Active 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 6,582,176 shares and a total traded value of approximately Rs 35.76 crores. The stock opened at Rs 54.21, reaching a day high of Rs 54.55 before settling at a last traded price of Rs 54.29. This reflects a modest increase of 0.67% for the day, slightly trailing the sector's return of 0.69% and outperforming the Sensex, which recorded a 0.34% return.
Despite this activity, Suzlon Energy's performance indicators reveal a mixed picture. The stock is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume on October 14 dropping by 13.81% compared to the 5-day average. However, the stock remains liquid enough for trades up to Rs 6.52 crores, based on 2% of the 5-day average traded value.

In summary, while Suzlon Energy has shown significant trading activity today, its performance metrics indicate a complex landscape in the mid-cap segment of the market.