Crompton Greaves Consumer Electricals Sees 24.56% Surge in Open Interest

Crompton Greaves Consumer Electricals Ltd (CROMPTON) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 57,519 contracts, marking a notable rise of 11,342 contracts or 24.56% from the previous open interest of 46,177. The trading volume for the day reached 27,848 contracts, contributing to a total futures value of approximately Rs 97,158.41 lakhs.
In terms of price performance, Crompton has outperformed its sector by 1.47%, with a 1D return of 0.72%. The stock has shown consistent gains over the past three days, accumulating a total return of 2.02%. Currently, the stock's price is above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Additionally, the stock has seen a rise in delivery volume, with 18.72 lakh shares delivered on October 23, reflecting an 8.89% increase compared to the 5-day average. With a market capitalization of Rs 18,869.93 crore, Crompton Greaves operates within the small-cap segment of the Electronics & Appliances industry. Overall, the increase in open interest and trading volume indicates a dynamic trading environment for Crompton Greaves Consumer Electricals.