Info Edge (India) Ltd Sees 11.51% Surge in Open Interest Amid Declining Stock Performance
Info Edge (India) Ltd has seen a significant rise in open interest, reaching 36,150 contracts, alongside a trading volume of 24,285 contracts. Despite this increase, the stock has underperformed its sector and is currently trading below key moving averages, reflecting ongoing challenges in the market.
Info Edge (India) Ltd, a prominent player in the E-Retail and E-Commerce sector, has experienced a notable increase in open interest today. The latest open interest stands at 36,150 contracts, reflecting a rise of 3,730 contracts or 11.51% from the previous open interest of 32,420. The trading volume for the day reached 24,285 contracts, contributing to a futures value of approximately Rs 28,287.58 lakhs and an options value of around Rs 9,838.92 lakhs, bringing the total value to Rs 30,022.43 lakhs.Despite this uptick in open interest, Info Edge (India) has underperformed its sector by 2.84%, with the stock recording a 1D return of -1.92%. Over the past two days, the stock has seen a consecutive decline, totaling a drop of 3.17%. The stock touched an intraday low of Rs 1,332.60, down 2.55% from the previous close. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In summary, while the increase in open interest suggests heightened activity, the overall performance metrics indicate challenges for Info Edge (India) in the current market environment.
{{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
