Info Edge Sees Significant Open Interest Surge Amidst Price Performance Challenges
Info Edge (India) Ltd has seen a significant rise in open interest, reaching 43,188 contracts, alongside a trading volume of 56,678 contracts. Despite this increase, the stock has underperformed its sector, experiencing a decline over the past three days and remaining below several key moving averages.
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 43,188 contracts, reflecting a rise of 4,932 contracts or 12.89% from the previous open interest of 38,256. This surge in open interest comes alongside a trading volume of 56,678 contracts, indicating active participation in the market.Despite this uptick in open interest, the stock has underperformed its sector, with a decline of 1.43% today. Over the past three days, Info Edge has seen a consecutive fall, resulting in a total return of -3.69%. The stock reached an intraday low of Rs 1,405.5, down 3.24% from the previous close.
In terms of moving averages, the stock is currently above its 50-day moving average but below the 5-day, 20-day, 100-day, and 200-day moving averages. The liquidity remains robust, with a delivery volume of 471,000 shares on May 27, which is 10.36% higher than the 5-day average delivery volume.
In summary, while Info Edge has shown a significant increase in open interest, it continues to face challenges in price performance amidst a fluctuating 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
