Surge in Open Interest Signals Increased Investor Engagement in Power Grid Corporation
Power Grid Corporation of India Ltd has seen a notable rise in open interest, reaching 85,047 contracts, indicating increased activity in its futures market. The stock is trading at Rs 293, with a strong dividend yield of 3.59% and robust liquidity, reflecting heightened investor engagement.
Power Grid Corporation of India Ltd (POWERGRID) has experienced a significant increase in open interest today, reflecting heightened activity in its futures market. The latest open interest stands at 85,047 contracts, up from the previous 71,865 contracts, marking a change of 13,182 contracts or an 18.34% increase. The trading volume for the day reached 48,169 contracts, contributing to a total futures value of approximately Rs 110,728.37 lakhs.In terms of price performance, POWERGRID has outperformed its sector by 1.36%, with a one-day return of 1.08%. The stock is currently trading at an underlying value of Rs 293. While it remains above its 5-day, 20-day, and 50-day moving averages, it is below the 100-day and 200-day moving averages, indicating mixed performance trends over different time frames.
Additionally, the stock boasts a high dividend yield of 3.59% at the current price, and its liquidity remains robust, with a trading capacity sufficient for a trade size of Rs 10.43 crore. Overall, the notable rise in open interest for Power Grid Corporation of India Ltd highlights a dynamic trading environment, reflecting investor engagement in the stock.
{{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
Power Grid Corporation of India Sees Notable Surge in Derivatives Open Interest Amid Market Activity
Power Grid Corporation of India Sees Notable Surge in Derivatives Open Interest Amid Market Activity
Most Read
