Surge in Open Interest for Petronet LNG Signals Increased Market Activity and Volatility
Petronet LNG Ltd. has seen a notable rise in open interest, reaching 45,532 contracts, alongside a trading volume of 26,929 contracts. The company's futures and options values total approximately Rs 95,540.26 lakhs. Despite this activity, the stock has underperformed its sector today, reflecting market volatility.
Petronet LNG Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 45,532 contracts, up from the previous figure of 39,877, marking a change of 5,655 contracts or a 14.18% increase. This surge in open interest coincides with a trading volume of 26,929 contracts, indicating robust participation in the market.In terms of financial metrics, Petronet LNG's futures value is reported at approximately Rs 94,995.42 lakhs, while the options value is significantly higher at Rs 3,650,249.43 lakhs, bringing the total value to around Rs 95,540.26 lakhs. The underlying value of the stock is noted at Rs 297.
Despite this activity, the stock has underperformed its sector by 0.84% today, following a trend reversal after three consecutive days of gains. Currently, Petronet LNG is trading above its 5-day moving averages but below its longer-term moving averages, including the 20-day, 50-day, 100-day, and 200-day averages. The stock also boasts a high dividend yield of 3.34% at its current price, with a delivery volume of 9.07 lakhs reflecting a 20.98% increase against the 5-day average.
In summary, the notable rise in open interest for Petronet LNG Ltd. highlights increased trading activity, although the stock's performance has shown some volatility in the context of broader market trends.
{{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
