Crompton Greaves Sees Surge in Open Interest Amidst Market Activity Shift
Crompton Greaves Consumer Electricals Ltd has seen a notable rise in open interest, reaching 32,608, alongside a trading volume of 13,106. Despite this activity, the stock has underperformed its sector and is currently below several moving averages, indicating a bearish trend. The company maintains a market capitalization of Rs 20,925.22 crore.
Crompton Greaves Consumer Electricals Ltd (CROMPTON) has experienced a significant increase in open interest today, reflecting notable activity in the stock. The latest open interest stands at 32,608, up from the previous figure of 28,115, marking a change of 4,493, or 15.98%. This surge in open interest comes alongside a trading volume of 13,106, indicating heightened market engagement.In terms of price performance, Crompton has underperformed its sector by 0.93%, with the stock experiencing a consecutive decline over the past two days, resulting in a total drop of 1.81%. The stock reached an intraday low of Rs 320.75, reflecting a decrease of 2.12%. Additionally, the weighted average price suggests that more volume was traded closer to this low price point.
Crompton's trading metrics indicate it is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, delivery volume has decreased significantly, falling by 48.32% compared to the 5-day average. With a market capitalization of Rs 20,925.22 crore, Crompton remains a large-cap player in the Electronics & Appliances industry. Overall, the increase in open interest highlights a shift in market dynamics, warranting attention from market participants.
{{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
