Crompton Greaves Consumer Electricals Sees 30.31% Surge in Open Interest to 60,175 Contracts

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 60,175 contracts, up from the previous 46,177 contracts, marking a change of 13,998 contracts or a 30.31% increase. This surge coincides with a trading volume of 34,007 contracts, indicating robust market engagement.
In terms of performance, Crompton has outperformed its sector by 1.59% today, with a 1D return of 0.64%. The stock has shown consistent gains over the past three days, accumulating a total return of 2.09% during this period. While the stock is currently trading above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages, suggesting a mixed trend in its longer-term performance.

Additionally, the stock's delivery volume reached 18.72 lakh shares on October 23, reflecting an 8.89% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 18,853.83 crore, Crompton Greaves operates within the small-cap segment of the Electronics & Appliances industry. Overall, the notable rise in open interest highlights a dynamic trading environment for Crompton Greaves Consumer Electricals.