CESC Ltd Sees Significant Surge in Open Interest Amid Active Market Participation

Mar 28 2025 12:00 PM IST
share
Share Via
CESC Ltd has seen a notable increase in open interest, reaching 10,293 contracts, alongside a trading volume of 4,694 contracts. The stock has outperformed its sector and is currently trading above several moving averages, despite a decline in delivery volume compared to recent averages, indicating active market engagement.
CESC Ltd, a prominent player in the power generation and distribution sector, has experienced a significant increase in open interest today. The latest open interest stands at 10,293 contracts, reflecting a rise of 1,246 contracts or 13.77% from the previous open interest of 9,047. This surge in open interest is accompanied by a trading volume of 4,694 contracts, indicating active market participation.

In terms of price performance, CESC Ltd has outperformed its sector by 1.03%, with the stock gaining 2.87% over the last two days. Today, it reached an intraday high of Rs 156.97, marking a 2.68% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 4.94% compared to the 5-day average. The stock's liquidity remains adequate for trades up to Rs 1.2 crore, based on 2% of the 5-day average traded value. Overall, the notable rise in open interest highlights a dynamic trading environment for CESC Ltd, reflecting ongoing market activity.
{{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