Indraprastha Gas Sees Surge in Open Interest Amid Increased Market Activity

May 30 2025 12:00 PM IST
share
Share Via
Indraprastha Gas Ltd (IGL) has seen a notable rise in open interest, reaching 10,030 contracts, alongside a trading volume of 5,168 contracts. Despite underperforming its sector, the stock's delivery volume increased significantly. The company maintains a substantial market capitalization, indicating a liquid trading environment.
Indraprastha Gas Ltd (IGL), a prominent player in the gas industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 10,030 contracts, up from the previous 9,051 contracts, marking a change of 979 contracts or an increase of 10.82%. The trading volume for the day reached 5,168 contracts, indicating robust participation in the market.

In terms of price performance, IGL has underperformed its sector by 2.18%, with the stock touching an intraday low of Rs 207.1, down 3.4% from previous levels. The weighted average price suggests that more volume was traded closer to this low price point. While the stock remains above its 5-day, 20-day, 50-day, and 100-day moving averages, it is currently below its 200-day moving average, indicating a mixed trend in its performance.

Additionally, the stock's delivery volume has seen a notable rise, with 12.94 lakh shares delivered on May 29, reflecting a 47.07% increase compared to the 5-day average. With a market capitalization of Rs 29,092.03 crore, Indraprastha Gas continues to maintain a liquid trading environment, suitable for significant trade sizes. Overall, the increase in open interest alongside the current price dynamics highlights a notable shift in market activity for Indraprastha Gas.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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
Why is Odigma Consultan falling/rising?
2 hours ago
share
Share Via
Why is Premium Plast falling/rising?
2 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
2 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
2 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
2 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
2 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
2 hours ago
share
Share Via