Coforge Ltd Sees Surge in Open Interest Amidst Declining Stock Performance

Jul 24 2025 10:00 AM IST
share
Share Via
Coforge Ltd has seen a notable rise in open interest, reaching 79,867, alongside a trading volume of 96,191, indicating active participation in the derivatives market. Despite this, the stock has underperformed its sector and experienced a decline over the past three days, reflecting mixed market sentiment.
Coforge Ltd, a prominent player in the Computers - Software & Consulting industry, has experienced a significant increase in open interest today. The latest open interest stands at 79,867, reflecting a rise of 16,261 from the previous open interest of 63,606, marking a notable change of 25.57%. The trading volume for the day reached 96,191, indicating robust activity in the derivatives market.

Despite this surge in open interest, Coforge's stock performance has been underwhelming, underperforming its sector by 4.18%. The stock has faced a consecutive decline over the past three days, with a total drop of 5.78% during this period. Today, it touched an intraday low of Rs 1,755, down 5.12% from the previous close.

In terms of moving averages, the stock is currently above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day averages. Additionally, delivery volume has seen a rise of 59.62% compared to the 5-day average, suggesting increased participation. With a market capitalization of Rs 58,882.38 crore, Coforge remains a liquid stock, suitable for trades around Rs 4.04 crore based on recent trading activity. Overall, the increase in open interest amidst a declining stock price highlights a complex market sentiment surrounding Coforge.
{{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