PG Electroplast Sees Significant Open Interest Surge Amidst Ongoing Stock Challenges

Aug 08 2025 02:00 PM IST
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PG Electroplast Ltd has seen a significant rise in open interest, reaching 16,464, alongside a trading volume of 6,797. Despite this increase, the company has struggled with stock performance, underperforming its sector and experiencing a downward trend, trading below key moving averages.
PG Electroplast Ltd, a small-cap player in the Electronics & Appliances sector, has experienced a notable increase in open interest today. The latest open interest stands at 16,464, reflecting a rise of 1,522 from the previous open interest of 14,942, marking a percentage change of 10.19%. The trading volume for the day reached 6,797, contributing to a futures value of approximately Rs 8,170.70 lakhs and an options value of around Rs 2,800.42 crores, bringing the total value to Rs 8,890.70 lakhs.

Despite this uptick in open interest, PG Electroplast has faced challenges in its stock performance, having underperformed the sector by 0.54%. The stock has been on a downward trend, recording a decline of 8.8% over the last three days. Today, it touched an intraday low of Rs 718, down 2.56%. Additionally, PG Electroplast is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In the broader context, the Consumer Durables - Electronics sector has also seen a decline of 2.64%. Overall, while the increase in open interest is noteworthy, it comes amid a challenging trading environment for PG Electroplast.
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