Suzlon Energy Ltd Sees 8.21 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 equities by volume today. The stock, trading under the symbol SUZLON, recorded a total traded volume of 8,212,474 shares, with a total traded value of approximately Rs 43.59 crore.
As of the latest update, the stock opened at Rs 53.61, matching its previous close, and reached a day high of Rs 53.64, while the day low was Rs 52.87. Currently, the last traded price stands at Rs 52.99. However, it has underperformed its sector by 0.6% and has been on a downward trend, experiencing a consecutive fall over the last four days, resulting in a total decline of 2.47% during this period.

In terms of moving averages, Suzlon Energy is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a challenging performance relative to historical trends. Notably, there has been a rise in investor participation, with delivery volume increasing by 15.1% against the 5-day average, totaling 3.47 crore shares on October 16. The stock remains liquid enough for trading, with a market cap of Rs 72,921 crore, classifying it as a mid-cap company. Overall, Suzlon Energy's performance today reflects ongoing challenges in the market.