Waaree Energies Ltd Surges to Rs 35.45 Crore in Daily Trade Value

Waaree Energies Ltd, a prominent player in the Other Electrical Equipment industry, has emerged as one of the most active equities today, with a total traded volume of 1,001,361 shares and a total traded value of approximately Rs 35.45 crore. The stock opened at Rs 3,475.60, reflecting a gain of 2.09%, and reached an intraday high of Rs 3,572.80, marking a 4.71% increase from the previous close of Rs 3,404.60.
In terms of performance, Waaree Energies has outperformed its sector by 3.85% and has shown a consecutive gain over the last two days, yielding a total return of 6.4% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also seen a notable rise, with a delivery volume of 508,000 shares on October 13, reflecting a significant increase of 147.05% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 6.77 crore based on 2% of the 5-day average traded value. Overall, Waaree Energies continues to demonstrate solid performance metrics in the market.