Suzlon Energy Experiences Surge in Trading Volume Amid Renewable Energy Sector Activity

Suzlon Energy Ltd, a prominent player in the renewable energy sector, has emerged as one of the most active equities today, with a total traded volume of approximately 29.4 million shares and a total traded value of around Rs 179.31 crores. The stock opened at Rs 60.40 and reached a day high of Rs 61.77, closing at Rs 60.79, reflecting a daily return of 1.13%.
Over the past four days, Suzlon Energy has shown a notable upward trend, gaining 15.7% during this period and outperforming its sector by 0.63%. The stock's performance is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Investor participation has also increased, with a delivery volume of 4.33 crore shares on May 14, marking a 37.75% rise compared to the 5-day average delivery volume. With a market capitalization of Rs 82,042.36 crores, Suzlon Energy continues to demonstrate liquidity suitable for trades around Rs 4.67 crores based on 2% of the 5-day average traded value. Overall, the stock's performance today reflects a robust activity level within the renewable energy industry.