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

Jun 02 2025 02:00 PM IST
share
Share Via
Indraprastha Gas Ltd (IGL) has seen a notable rise in open interest, reaching 12,331 contracts amid increased trading activity. The stock's performance remains strong, trading above several moving averages, while delivery volume has surged significantly, indicating heightened market engagement and liquidity.
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 12,331 contracts, up from the previous 10,453 contracts, marking a change of 1,878 contracts or a 17.97% increase. This surge coincides with a trading volume of 20,529 contracts, indicating robust market engagement.

In terms of financial metrics, the future value of IGL is reported at Rs 28,791.56 lakhs, while the options value is notably high at Rs 9,527.74 lakhs, contributing to a total value of Rs 31,355.47 lakhs. The underlying value of the stock is currently at Rs 207.

Performance-wise, IGL's stock has shown resilience, with a one-day return of 0.49%, slightly outperforming the sector's return of 0.46%. The stock is trading above its 20-day, 50-day, and 100-day moving averages, although it remains below its 5-day and 200-day moving averages. Additionally, the delivery volume has seen a notable rise of 61.08% compared to the five-day average, indicating increased liquidity, which is sufficient for trades sized at Rs 1.44 crore.

In summary, the notable spurt in open interest for Indraprastha Gas Ltd underscores a dynamic trading environment, reflecting the stock's active market position without delving into future price movements or predictions.
{{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