Indraprastha Gas Sees Surge in Open Interest Amid Increased Market Activity
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.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
