CESC Ltd Sees Surge in Open Interest Amid Increased Trading Activity

Jul 01 2025 03:00 PM IST
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CESC Ltd has seen a notable rise in open interest, reaching 9,010 contracts, alongside a trading volume of 7,999 contracts. The stock has outperformed its sector, reversing a two-day decline, and is trading above multiple moving averages, indicating a positive price trend despite a drop in delivery volume.
CESC Ltd, a prominent player in the power industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 9,010 contracts, marking a rise of 940 contracts or 11.65% from the previous open interest of 8,070. The trading volume for the day reached 7,999 contracts, contributing to a total futures value of approximately Rs 12,028.22 lakhs and an options value of Rs 4,061.44 crores, culminating in a total value of Rs 13,173.55 lakhs.

In terms of price performance, CESC Ltd has outperformed its sector by 2.72%, reversing a two-day decline. The stock touched an intraday high of Rs 176.45, reflecting a gain of 2.74%. Notably, CESC is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price trajectory.

Despite a decline in delivery volume, which fell by 47.72% against the 5-day average, the stock remains liquid enough for trades of Rs 1.38 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest and the stock's performance today highlight the dynamic nature of CESC Ltd's market activity.
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