PG Electroplast Ltd Sees 3,790 Call Contracts at Rs 540 Strike Price

PG Electroplast Ltd, a small-cap player in the Electronics & Appliances sector, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, identified by the ticker PGEL, saw a notable surge in call options, with 3,790 contracts traded at a strike price of Rs 540, contributing to a turnover of Rs 465.87 lakhs. The open interest stands at 1,284 contracts, indicating a robust interest in this option.
Today, PG Electroplast outperformed its sector by 2.92%, with the stock reaching an intraday high of Rs 537.1, marking a 4.35% increase. The weighted average price suggests that more volume was traded closer to the lower price range, while the stock's performance metrics indicate it is currently above its 5-day moving averages but below the longer-term 20, 50, 100, and 200-day moving averages.

Investor participation has also seen a rise, with delivery volume increasing by 9.01% against the 5-day average, totaling 756,000 shares on October 8. The stock's liquidity remains favorable, accommodating trades up to Rs 2.28 crore based on 2% of the 5-day average traded value. Overall, PG Electroplast's trading activity today highlights its dynamic position within the market.