Surge in Open Interest for Rail Vikas Nigam Signals Increased Market Activity
Rail Vikas Nigam Ltd (RVNL) has seen a significant rise in open interest, reaching 2,351 contracts, alongside a trading volume of 894 contracts. The stock's delivery volume also surged, indicating robust liquidity and active trading conditions in the derivatives market, despite mixed performance relative to its sector.
Rail Vikas Nigam Ltd (RVNL), a prominent player in the construction industry, has experienced a notable increase in open interest today. The latest open interest stands at 2,351 contracts, reflecting a rise of 316 contracts or 15.53% from the previous open interest of 2,035. This surge in open interest comes alongside a trading volume of 894 contracts, indicating heightened activity in the derivatives market.In terms of financial metrics, the stock's performance today has slightly underperformed its sector, with a return of -0.01% compared to the sector's -0.29%. The stock is currently trading above its 20-day, 50-day, and 100-day moving averages, but below its 5-day and 200-day moving averages, suggesting mixed short- to medium-term trends.
Additionally, Rail Vikas Nigam has seen a significant increase in delivery volume, with 50.47 lakh shares delivered on May 30, marking a 95.89% rise against the 5-day average delivery volume. The stock's liquidity remains robust, with a trading capacity sufficient for a trade size of Rs 10.14 crore, based on 2% of the 5-day average traded value.
In summary, the increase in open interest for Rail Vikas Nigam Ltd highlights a shift in market dynamics, reflecting active trading conditions without indicating future price movements.
{{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
Most Read
