Waaree Energies Sees Increased Trading Activity Amid Sector Performance Disparities

Waaree Energies Ltd, a prominent player in the Other Electrical Equipment industry, has emerged as one of the most active equities by value today. The stock, trading under the symbol WAAREEENER, recorded a total traded volume of 1,179,135 shares, with a total traded value of approximately Rs 35,798.77 lakhs. The stock opened at Rs 3,029.90 and reached a day high of Rs 3,068.00, while the day low was Rs 2,983.50. As of the latest update, the last traded price (LTP) stands at Rs 3,042.70.
Despite its recent activity, Waaree Energies has underperformed its sector by 7.56% today, while the renewable energy sector itself gained 6.94%. However, the stock has shown resilience, gaining 8.16% over the past three days. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance metrics.

Investor participation has also increased, with a delivery volume of 186,200 shares on May 29, reflecting a significant rise of 163.99% compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 22.39 crore based on 2% of the 5-day average traded value. Overall, Waaree Energies continues to demonstrate notable activity in the market, with a market capitalization of Rs 86,711 crore.