Surge in Open Interest Signals Dynamic Trading Environment for CG Power & Industrial Solutions

Aug 29 2025 12:00 PM IST
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CG Power & Industrial Solutions Ltd has seen a notable rise in open interest, reaching 29,347 contracts, alongside a trading volume of 42,067 contracts. The stock has outperformed its sector and is trading above multiple moving averages, indicating positive momentum despite a decrease in delivery volume.
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 29,347 contracts, reflecting a rise of 5,329 contracts or 22.19% from the previous open interest of 24,018. This surge coincides with a trading volume of 42,067 contracts, indicating robust activity in the derivatives market.

In terms of price performance, CG Power has outperformed its sector by 2.61%, marking a notable trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 691.6, representing a gain of 4.16%. Additionally, CG Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum in its price trajectory.

Despite a decrease in delivery volume, which fell by 55.63% compared to the 5-day average, the stock remains liquid enough for trades sized at Rs 5.34 crore, based on 2% of the 5-day average traded value. Overall, the notable increase in open interest and the stock's performance metrics highlight a dynamic trading environment for CG Power & Industrial Solutions.
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