Surge in Open Interest Signals Increased Trading Activity for IREDA Stock
Indian Renewable Energy Development Agency Ltd (IREDA) has seen a notable rise in open interest, reaching 40,382 contracts, alongside a trading volume of 73,599 contracts. The stock has outperformed its sector and demonstrated strong investor participation, indicating a vibrant trading environment within the finance sector.
Indian Renewable Energy Development Agency Ltd (IREDA) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 40,382 contracts, marking a rise of 5,441 contracts or 15.57% from the previous open interest of 34,941. This surge in open interest coincides with a trading volume of 73,599 contracts, indicating robust market engagement.In terms of price performance, IREDA has outperformed its sector by 3.11%, reaching an intraday high of Rs 186.58, which represents a 6.7% increase. The stock's weighted average price suggests that more volume was traded closer to its lower price points. Additionally, IREDA's current price is above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
Investor participation has also seen a notable uptick, with delivery volume on June 6 rising by 287% compared to the 5-day average. The stock's liquidity remains strong, accommodating trade sizes of Rs 4.76 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and trading volume highlights a dynamic trading environment for IREDA, reflecting its position within the finance 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
