Surge in Open Interest Signals Increased Trading Activity for ICICI Lombard
ICICI Lombard General Insurance Company Ltd has seen a notable rise in open interest, reaching 31,439 contracts, alongside a trading volume of 12,260 contracts. Despite a decline in delivery volume, the stock remains liquid, indicating active market engagement within the insurance sector.
ICICI Lombard General Insurance Company Ltd (ICICIGI) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 31,439 contracts, up from the previous 26,439 contracts, marking a change of 5,000 contracts or an 18.91% increase. This surge in open interest coincides with a trading volume of 12,260 contracts, indicating robust market engagement.In terms of financial metrics, ICICI Lombard's underlying value is reported at Rs 1,915, with a total futures value of approximately Rs 63,852 lakhs and an options value of around Rs 1,295,861,303 lakhs. The stock's performance today aligns closely with its sector, showing a 1D return of 0.01%, compared to a sector return of 0.12% and a Sensex return of 0.07%.
Despite a notable decline in delivery volume, which has fallen by 48.86% against the 5-day average, the stock remains liquid enough for trades sized at Rs 1.74 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a dynamic trading environment for ICICI Lombard, reflecting ongoing market activity within the insurance sector.
{{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
