Surge in Open Interest Signals Increased Market Activity for Prestige Estates Projects Ltd.

Apr 24 2025 03:00 PM IST
share
Share Via
Prestige Estates Projects Ltd has seen a significant rise in open interest, reaching 21,469 contracts, alongside a trading volume of 11,418 contracts. Despite a decline in stock price, delivery volume increased notably, indicating heightened investor participation. The company maintains a substantial market capitalization of Rs 55,409.14 crore.
Prestige Estates Projects Ltd, a prominent player in the construction and real estate sector, has experienced a notable increase in open interest today. The latest open interest stands at 21,469 contracts, reflecting a rise of 2,151 contracts or 11.13% from the previous open interest of 19,318. This surge in open interest comes alongside a trading volume of 11,418 contracts, indicating heightened activity in the stock.

In terms of price performance, Prestige Estates has underperformed its sector by 1.62%, with the stock experiencing a decline of 2.83% on the day. It reached an intraday low of Rs 1,285, marking a decrease of 2.93%. The stock's weighted average price suggests that more volume was traded closer to this low price point. While the stock remains above its 5-day, 20-day, and 50-day moving averages, it is trading below its 100-day and 200-day moving averages.

Additionally, the delivery volume has seen a significant increase, rising by 77.1% against the 5-day average, indicating a rise in investor participation. With a market capitalization of Rs 55,409.14 crore, Prestige Estates continues to maintain a liquid trading environment, suitable for transactions of Rs 2.02 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a shift in market dynamics 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