Adani Total Gas Sees Surge in Open Interest Amid Active Market Participation

Apr 29 2025 03:00 PM IST
share
Share Via
Adani Total Gas Ltd (ATGL) has seen a notable rise in open interest, reaching 7,551 contracts, alongside a trading volume of 6,763 contracts. The stock's underlying value is at Rs 610, with increased delivery volume indicating enhanced liquidity, despite underperforming its sector today.
Adani Total Gas Ltd (ATGL), a prominent player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 7,551 contracts, reflecting a rise of 694 contracts or 10.12% from the previous open interest of 6,857. This uptick is accompanied by a trading volume of 6,763 contracts, indicating active participation in the market.

In terms of financial metrics, the stock's future value is reported at approximately Rs 4,573.40 lakhs, while the options value is notably high at Rs 2,819.16 crores, contributing to a total value of Rs 5,260.49 lakhs. The underlying value of the stock is currently at Rs 610.

Despite the notable increase in open interest, ATGL has underperformed its sector by 1.55% today, with a 1D return of -1.14%. The stock is trading above its 20-day and 50-day moving averages but below its 5-day, 100-day, and 200-day moving averages. Additionally, delivery volume has seen a rise of 11.45% compared to the 5-day average, suggesting a growing liquidity profile for trades sized at Rs 0.78 crore.

In summary, the increase in open interest for Adani Total Gas Ltd highlights a shift in market dynamics, while the stock continues to navigate its performance metrics amidst varying trading conditions.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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