CESC Ltd Sees Significant Open Interest Surge Amidst Price Challenges and Increased Trading Activity
CESC Ltd has seen a notable rise in open interest, reaching 7,038 contracts, alongside a trading volume of 7,241 contracts, indicating increased activity in the derivatives market. Despite recent price declines, the stock remains above key moving averages, reflecting ongoing investor interest and participation.
CESC Ltd, a prominent player in the power industry, has experienced a significant increase in open interest (OI) today. The latest OI stands at 7,038 contracts, marking a rise of 1,091 contracts or 18.35% from the previous OI of 5,947. This uptick in OI coincides with a trading volume of 7,241 contracts, indicating heightened activity in the derivatives market.In terms of price performance, CESC has been facing challenges, having recorded a decline of 4.78% over the past three days. Today, the stock reached an intraday low of Rs 164.69, reflecting a decrease of 2.84%. Despite this downturn, the stock remains above its 100-day and 200-day moving averages, although it is currently below its 5-day, 20-day, and 50-day moving averages.
Additionally, the stock has shown rising investor participation, with a delivery volume of 28.16 lakh shares on July 31, which is an increase of 130.71% compared to the 5-day average delivery volume. CESC Ltd, with a market capitalization of Rs 22,236 crore, continues to maintain sufficient liquidity for trading activities. Overall, the notable increase in open interest highlights a shift in market dynamics for CESC Ltd amidst its recent price challenges.
{{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
Most Read
