Inox Wind Sees Significant Open Interest Surge Amid Mixed Trading Performance

May 30 2025 12:00 PM IST
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Inox Wind Ltd has reported a notable increase in open interest, reaching 16,495 contracts, alongside a trading volume of 14,505 contracts, indicating heightened market activity. Despite this, the stock has underperformed its sector, experiencing a decline while maintaining a position above key moving averages.
Inox Wind Ltd, a prominent player in the Heavy Electrical Equipment sector, has experienced a significant increase in open interest today. The latest open interest stands at 16,495 contracts, reflecting a rise of 2,631 contracts or 18.98% from the previous open interest of 13,864. This surge in open interest comes alongside a trading volume of 14,505 contracts, indicating heightened activity in the stock.

Despite this notable uptick in open interest, Inox Wind's performance today has underperformed its sector, showing a decline of 2.64%. The stock reached an intraday high of Rs 197.3, marking a 3.14% increase during the trading session. Notably, Inox Wind is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its short to long-term performance metrics.

However, the stock has seen a decrease in delivery volume, with a reported 26.72 lakh shares delivered on May 29, down 11.36% compared to the 5-day average. With a market capitalization of Rs 25,657.36 crore, Inox Wind remains a significant entity in the renewable energy landscape, even as it navigates current market dynamics.
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