Surge in Open Interest for ICICI Lombard Signals Shift in Trading Dynamics
ICICI Lombard General Insurance Company Ltd has seen a notable rise in open interest, reaching 43,116 contracts, alongside a trading volume of 16,074 contracts. The total futures and options value amounts to Rs 62,668.74 lakhs, while the stock's performance reflects a slight decline amid varied investor participation.
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 43,116 contracts, marking a notable rise of 7,470 contracts or 20.96% from the previous open interest of 35,646. This surge coincides with a trading volume of 16,074 contracts, indicating robust engagement in the market.In terms of financial metrics, the total futures value is reported at Rs 62,491.63 lakhs, while the options value is substantially higher at Rs 1,285,906.78 lakhs, bringing the total value to Rs 62,668.74 lakhs. The underlying value of the stock is currently at Rs 1,845.
On the performance front, ICICI Lombard has shown a slight decline of 0.08% today, which is relatively in line with the sector's performance, as the sector index has decreased by 0.27%. The stock has been gaining for the last day, although it remains lower than its 5-day, 20-day, and 200-day moving averages, while it is above the 50-day and 100-day averages. Notably, delivery volume has decreased by 41.61% compared to the 5-day average, indicating a decline in investor participation.
In summary, the increase in open interest for ICICI Lombard General Insurance Company Ltd highlights a shift in trading dynamics, while the stock's performance metrics suggest a mixed outlook in the current market environment.
{{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
