Waaree Energies Sees Increased Trading Activity Amid Strong Market Performance

Waaree Energies Ltd, a prominent player in the Other Electrical Equipment industry, has emerged as one of the most active equities today. The stock, trading under the symbol WAAREEENER, recorded a total traded volume of 612,341 shares, with a total traded value of approximately Rs 18,324.30 lakhs.
Opening at Rs 2,981.0, Waaree Energies reached an intraday high of Rs 3,036.8, reflecting a 3% increase, while the day's low was noted at Rs 2,956.1. The last traded price stood at Rs 2,973.9, marking a 0.87% return for the day. Notably, the stock has outperformed its sector by 2.18% and has shown consistent growth, gaining for the last seven days with a cumulative return of 15.13%.

In terms of liquidity, the stock remains robust, with a delivery volume of 842,000 shares on May 19, which is a 10.03% increase compared to the five-day average. Furthermore, Waaree Energies is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position. With a market capitalization of Rs 85,440.90 crore, Waaree Energies continues to demonstrate solid performance metrics in the current trading session.