Surge in Open Interest Signals Dynamic Trading Environment for Prestige Estates Projects Ltd

Apr 23 2025 01:00 PM IST
share
Share Via
Prestige Estates Projects Ltd has seen a notable rise in open interest, reaching 22,886 contracts, alongside a trading volume of 15,815 contracts. The stock has outperformed its sector and achieved a significant return over the past week, despite a decline in delivery volume compared to recent averages.
Prestige Estates Projects Ltd, a prominent player in the construction and real estate sector, has experienced a significant increase in open interest today. The latest open interest stands at 22,886 contracts, reflecting a rise of 2,595 contracts or 12.79% from the previous open interest of 20,291. This uptick in open interest comes alongside a trading volume of 15,815 contracts, indicating heightened activity in the stock.

In terms of price performance, Prestige Estates has outperformed its sector by 2.09%, marking a notable 1-day return of 2.42%. The stock has been on a positive trajectory, gaining for the last seven consecutive days and accumulating a total return of 23.86% during this period. Today, it reached an intraday high of Rs 1,354.8, representing a 3.9% increase.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 13.55% compared to the 5-day average. The stock remains liquid, with a trading capacity sufficient for transactions up to Rs 1.67 crore. Overall, the increase in open interest and the stock's recent performance highlight a dynamic trading environment for Prestige Estates Projects Ltd.
{{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