Indraprastha Gas Ltd Sees Surge in Open Interest Amid Increased Trading Activity

Jun 02 2025 11:00 AM IST
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Indraprastha Gas Ltd (IGL) has seen a notable rise in open interest, indicating increased trading activity, with current figures at 11,703 contracts. The trading volume reached 15,789 contracts, contributing to a total futures and options value of approximately Rs 23,747.15 lakhs, reflecting strong market engagement.
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 11,703 contracts, up from the previous 10,453 contracts, marking a change of 1,250 contracts or an 11.96% increase. The trading volume for the day reached 15,789 contracts, contributing to a total futures value of approximately Rs 21,713.72 lakhs and an options value of Rs 7,408.49 lakhs, bringing the total to Rs 23,747.15 lakhs.

In terms of price performance, IGL has outperformed its sector by 1.71%, with the stock hitting an intraday high of Rs 217.37, reflecting a gain of 5.18%. The stock's performance is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Notably, the delivery volume has surged to 16.3 lakh shares, a 61.08% increase compared to the 5-day average, indicating robust liquidity with a trade size capacity of Rs 1.44 crore.

In summary, the notable rise in open interest for Indraprastha Gas Ltd highlights increased trading engagement, alongside a solid performance in the market today.
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