Surge in Open Interest Signals Increased Market Activity for Info Edge Stock
Info Edge (India) Ltd has seen a notable rise in open interest, reaching 40,137, alongside a trading volume of 20,083. Despite underperforming its sector today, the stock remains above several moving averages. The company maintains a market capitalization of Rs 97,674.03 crore, indicating a liquid trading environment.
Info Edge (India) Ltd, a prominent player in the E-Retail and E-Commerce sector, has experienced a significant increase in open interest (OI) today. The latest OI stands at 40,137, marking a rise of 5,010 from the previous OI of 35,127, which translates to a percentage change of 14.26%. This uptick in OI coincides with a trading volume of 20,083, indicating heightened activity in the stock.In terms of price performance, Info Edge has underperformed its sector by 1.37% today, despite achieving a modest 1.75% gain over the past two days. The stock's current price is positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, yet remains below its 200-day moving average. Additionally, the stock has seen a decline in delivery volume, with a reported 6.02 lakh shares traded on June 24, down 2.76% from the 5-day average.
With a market capitalization of Rs 97,674.03 crore, Info Edge continues to maintain a liquid trading environment, suitable for transactions up to Rs 3.29 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest reflects a shift in market dynamics for Info Edge, warranting attention from market participants.
{{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
