Surge in Open Interest for Adani Energy Solutions Signals Shift in Market Dynamics
Adani Energy Solutions Ltd has seen a notable rise in open interest, reaching 44,816 contracts, alongside a trading volume of 28,595 contracts. The total futures and options values are reported at Rs 85,208.75 lakhs and Rs 73,913.47 lakhs, respectively, reflecting increased activity in the derivatives market.
Adani Energy Solutions Ltd, a prominent player in the power sector, has experienced a significant increase in open interest today. The latest open interest stands at 44,816 contracts, reflecting a rise of 4,321 contracts or 10.67% from the previous open interest of 40,495. This surge in open interest comes alongside a trading volume of 28,595 contracts, indicating heightened activity in the derivatives market.In terms of financial metrics, the total futures value is reported at Rs 85,208.75 lakhs, while the options value is substantially higher at Rs 73,913.47 lakhs, bringing the total value to Rs 85,819.61 lakhs. The underlying value of the stock is noted at Rs 852.
Despite this notable activity, Adani Energy Solutions has underperformed its sector by 0.89% today, following a trend reversal after three consecutive days of gains. The stock is currently positioned above its 5-day and 100-day moving averages but below its 20-day, 50-day, and 200-day moving averages. Additionally, delivery volume has seen a decline of 49.63% compared to the 5-day average, suggesting a decrease in investor participation.
In summary, the increase in open interest for Adani Energy Solutions highlights a shift in market dynamics, while the stock's performance metrics indicate a complex trading environment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
