Adani Total Gas Sees Surge in Open Interest Amid Dynamic Trading Environment

May 16 2025 03:00 PM IST
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Adani Total Gas Ltd has seen a notable rise in open interest, reaching 13,776 contracts, alongside a trading volume of 31,592 contracts. The stock has outperformed its sector and achieved consistent gains over the past week, despite a decline in investor participation reflected in delivery volumes.
Adani Total Gas Ltd (ATGL) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 13,776 contracts, up from the previous 12,337, marking a change of 1,439 contracts or an 11.66% increase. The trading volume for the day reached 31,592 contracts, contributing to a futures value of approximately Rs 22,578.27 lakhs.

In terms of price performance, Adani Total Gas has outperformed its sector by 2.48%, with a notable 1D return of 3.07%. The stock has shown consistent gains over the past five days, accumulating a total return of 13.18%. Today, it reached an intraday high of Rs 689.5, reflecting a 4.41% increase.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 29.87% compared to the five-day average. The stock remains liquid, with a trade size capacity of Rs 1.11 crore based on 2% of the five-day average traded value.

Overall, the increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for Adani Total Gas.
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