Surge in Open Interest for CG Power Signals Shift in Trading Dynamics

Jul 01 2025 11:00 AM IST
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CG Power & Industrial Solutions Ltd has seen a notable rise in open interest, reaching 21,237 contracts, alongside a trading volume of 12,103 contracts. The company's futures and options values are reported at Rs 32,132.03 lakhs and Rs 39,630.39 lakhs, respectively, indicating increased market activity.
CG Power & Industrial Solutions Ltd, a prominent player in the Heavy Electrical Equipment sector, has experienced a significant increase in open interest today. The latest open interest stands at 21,237 contracts, reflecting a rise of 2,467 contracts or 13.14% from the previous open interest of 18,770. This surge in open interest comes alongside a trading volume of 12,103 contracts, indicating heightened activity in the stock.

In terms of financial metrics, CG Power's futures value is reported at Rs 32,132.03 lakhs, while the options value is substantially higher at Rs 39,630.39 lakhs, bringing the total value to Rs 33,298.55 lakhs. The underlying value of the stock is noted at Rs 677.

Despite this notable activity, CG Power underperformed its sector today, with a 1D return of -0.62%, compared to a sector return of 0.24%. The stock is currently trading above its 5-day, 50-day, and 100-day moving averages, yet remains below its 20-day and 200-day moving averages. Additionally, the stock's liquidity remains robust, with a delivery volume of 10.34 lakhs, reflecting a slight increase against the 5-day average.

In summary, the increase in open interest for CG Power highlights a notable shift in trading dynamics, although the stock's performance relative to its sector remains a point of interest.
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