Info Edge Sees 6,497 Call Contracts at Rs 1,420 Strike Amid 7.78% Returns

Info Edge (India) Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s underlying asset, Naukri, saw significant activity with 6,497 call contracts traded, reflecting a turnover of approximately Rs 417.84 lakhs. The options have an expiry date set for October 28, 2025, with a strike price of Rs 1,420 and an open interest of 1,436 contracts.
In terms of performance, Info Edge has outperformed its sector by 2.26%, marking a notable trend as the stock has gained for three consecutive days, accumulating a total return of 7.78% during this period. Today, the stock reached an intraday high of Rs 1,414.4, representing a 2.51% increase.

The stock's liquidity remains robust, with a delivery volume of 17.23 lakhs on October 23, which is a staggering 297.23% increase compared to the five-day average. Additionally, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Overall, Info Edge (India) Ltd continues to demonstrate strong market activity and performance metrics, reflecting its solid position within the large-cap segment of the E-Retail and E-Commerce industry.