Suzlon Energy Ltd Surges with 7.9 Million Shares Traded 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 7,908,608 shares and a total traded value of approximately Rs 43.33 crore. The stock opened at Rs 55.00 and reached a day high of Rs 55.17, while the day low was recorded at Rs 54.52. As of the latest update, the last traded price stands at Rs 54.65, reflecting a 1D return of 0.59%, which is notably higher than the sector's 1D return of 0.35% and the Sensex's 1D return of 0.19%.
Despite this activity, Suzlon Energy is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential trend of lower performance relative to these benchmarks. However, the stock has seen a significant increase in investor participation, with delivery volume rising by 40.24% against the 5-day average delivery volume, reaching 3.9 crore shares on October 3rd. With a market capitalization of Rs 74,491.58 crore, Suzlon Energy continues to maintain liquidity suitable for trades up to Rs 6.92 crore, reflecting its position in the mid-cap segment. Overall, the stock's performance today aligns with sector trends, showcasing active trading dynamics.