Surge in Open Interest for Power Grid Signals Shifts in Market Dynamics

Jun 24 2025 01:00 PM IST
share
Share Via
Power Grid Corporation of India Ltd has seen a notable rise in open interest, reaching 90,961 contracts, alongside a trading volume of 31,748 contracts. Despite this activity, the stock has underperformed its sector and experienced a significant drop in delivery volume, indicating changing market dynamics.
Power Grid Corporation of India Ltd (POWERGRID) has experienced a significant increase in open interest today, reflecting notable activity in the derivatives market. The latest open interest stands at 90,961 contracts, up from the previous figure of 78,822, marking a change of 12,139 contracts or a 15.4% increase. The trading volume for the day reached 31,748 contracts, contributing to a total futures value of approximately Rs 95,590.47 lakhs.

In terms of price performance, Power Grid has underperformed its sector by 1.12%, with a 1.35% decline over the last two days. The stock's current price is below its 20-day, 50-day, and 200-day moving averages, although it remains above the 5-day and 100-day averages. Additionally, the stock has seen a significant drop in delivery volume, which has decreased by 62.05% compared to the 5-day average, indicating a decline in investor participation.

With a market capitalization of Rs 2,70,927.00 crore, Power Grid Corporation continues to maintain a high dividend yield of 3.58%. Overall, the increase in open interest highlights a shift in market dynamics, while the stock's recent performance reflects broader trends within the power sector.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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