Page Industries Sees Significant Open Interest Surge Amid Market Dynamics Shift
Page Industries Ltd has seen a notable rise in open interest, reaching 25,511 contracts, alongside a trading volume of 21,127 contracts. Despite a recent decline in stock price, it remains above key moving averages. The company maintains a significant market capitalization, indicating a liquid trading environment.
Page Industries Ltd, a prominent player in the Garments & Apparels sector, has experienced a significant increase in open interest today. The latest open interest stands at 25,511 contracts, reflecting a rise of 3,610 contracts or 16.48% from the previous open interest of 21,901. This uptick comes alongside a trading volume of 21,127 contracts, indicating active market participation.In terms of price performance, Page Industries has underperformed its sector by 2.39%, with the stock falling after two consecutive days of gains. The stock reached an intraday low of Rs 47,175, marking a decline of 3.76%. Notably, the weighted average price suggests that more volume was traded closer to this low price point.
Despite the recent downturn, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages. Additionally, delivery volume has decreased by 32.01% compared to the 5-day average, indicating a decline in investor participation. With a market capitalization of Rs 52,819.17 crore, Page Industries continues to maintain a liquid trading environment, suitable for transactions of up to Rs 1.65 crore. Overall, the notable increase in open interest highlights a shift in market dynamics for Page Industries.
{{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
