CESC Ltd Sees Significant Surge in Open Interest Amid Increased Trading Activity

Mar 28 2025 03:00 PM IST
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CESC Ltd has seen a notable rise in open interest, reaching 10,798 contracts, alongside a trading volume of 6,685 contracts. The stock has outperformed its sector and is currently above several moving averages. Despite a slight decline in delivery volume, CESC maintains strong liquidity and a market capitalization of Rs 20,401 crore.
CESC Ltd, a prominent player in the power generation and distribution sector, has experienced a significant increase in open interest today. The latest open interest stands at 10,798 contracts, marking a rise of 1,751 contracts or 19.35% from the previous open interest of 9,047. This surge in open interest comes alongside a trading volume of 6,685 contracts, indicating heightened activity in the stock.

In terms of price performance, CESC has outperformed its sector by 2.03%, with the stock gaining 2.86% over the last two days. Today, it reached an intraday high of Rs 156.97, reflecting a 2.68% increase. The stock's current price is above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

Despite a slight decline in delivery volume, which fell by 4.94% against the 5-day average, CESC maintains sufficient liquidity for trades sized at Rs 1.2 crore, based on 2% of the 5-day average traded value. With a market capitalization of Rs 20,401 crore, CESC continues to be a significant entity in the power sector. The notable increase in open interest reflects ongoing market dynamics surrounding the stock.
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