Surge in Open Interest Signals Increased Investor Engagement in Rail Vikas Nigam
Rail Vikas Nigam Ltd (RVNL) has seen a significant rise in open interest, reaching 2,744 contracts, alongside a trading volume of 1,802 contracts, indicating increased activity in the derivatives market. Despite recent underperformance, the stock maintains strong liquidity and remains above several key moving averages.
Rail Vikas Nigam Ltd (RVNL), a prominent player in the construction industry, has experienced a significant increase in open interest today. The latest open interest stands at 2,744 contracts, reflecting a notable rise of 709 contracts, or 34.84%, from the previous open interest of 2,035. This surge in open interest comes alongside a trading volume of 1,802 contracts, indicating heightened activity in the derivatives market.In terms of financial performance, Rail Vikas Nigam has underperformed its sector by 0.45% today, with a 1D return of -0.59%. Over the past two days, the stock has seen a consecutive decline, accumulating a total drop of 3.54%. Despite this downturn, the stock remains above its 20-day, 50-day, and 100-day moving averages, although it is trading below its 5-day and 200-day moving averages.
The stock's liquidity appears robust, with a delivery volume of 50.47 lakh shares on May 30, marking a 95.89% increase compared to the 5-day average delivery volume. Rail Vikas Nigam's market capitalization is currently valued at Rs 84,339 crore, positioning it firmly within the large-cap segment. Overall, the notable increase in open interest highlights a shift in market dynamics for Rail Vikas Nigam, reflecting changing 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
Most Read
