Waaree Renewable Technologies Sees Surge in Trading Activity and Market Resilience

Waaree Renewable Technologies Ltd, a mid-cap player in the power industry, has emerged as one of the most active equities today, with a total traded volume of 12,091,621 shares and a total traded value of approximately Rs 147.87 crores. The stock opened at Rs 1,133.0, reflecting a gain of 2.04% from the previous close of Rs 1,146.7. Throughout the day, it reached a new 52-week and all-time high of Rs 1,272, marking a 5.78% increase.
The stock has shown strong performance over the past three days, gaining 25.33% during this period and outperforming its sector by 2.22%. The weighted average price indicates that more volume was traded closer to the low price, suggesting active trading behavior. Additionally, the delivery volume on July 16 reached 202,300 shares, a significant increase of 314.57% compared to the five-day average.

Waaree Renewable Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. With a market capitalization of Rs 12,895.30 crores, the stock remains liquid enough for trades sized at Rs 12.91 crores. Overall, Waaree Renewable Technologies has demonstrated notable activity and resilience in the market today.