Suzlon Energy Ltd Sees 9,024,010 Shares Traded, Ranking Among Most Active Stocks 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 9,024,010 shares and a total traded value of approximately Rs 49.82 crores. The stock opened at Rs 55.44, reaching a day high of Rs 55.48 before settling at a last traded price of Rs 55.05, reflecting a slight decline of 0.31% for the day.
Despite this activity, Suzlon Energy has underperformed its sector, which saw a minor decline of 0.07%. The company's performance is also trailing behind key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Notably, investor participation has shown an uptick, with delivery volume on October 1 rising by 3.25% compared to the 5-day average, totaling 2.74 crore shares.

With a market capitalization of Rs 74,804.34 crores, Suzlon Energy remains a mid-cap entity in the market. The stock's liquidity is deemed sufficient for trading, with a trade size of Rs 6.21 crores based on 2% of the 5-day average traded value. Overall, while the stock has experienced notable trading activity, it continues to face challenges in performance relative to its sector and moving averages.