Surge in Open Interest Signals Increased Activity in CG Power's Futures Market
CG Power & Industrial Solutions Ltd has seen a notable rise in open interest, reaching 24,665 contracts, alongside a trading volume of 14,868 contracts. The stock has outperformed its sector and experienced a significant increase in delivery volume, indicating strong market activity and participation.
CG Power & Industrial Solutions Ltd (CGPOWER) has experienced a significant increase in open interest today, reflecting heightened activity in its futures market. The latest open interest stands at 24,665 contracts, up from the previous 22,142, marking a change of 2,523 contracts or an 11.39% increase. This surge in open interest coincides with a trading volume of 14,868 contracts, indicating robust participation in the stock's derivatives.In terms of price performance, CG Power has outperformed its sector by 1.02%, reversing a three-day decline. The stock reached an intraday high of Rs 652.55, representing a gain of 3.1% for the day. While the stock is currently above its 20-day and 50-day moving averages, it remains below its 5-day, 100-day, and 200-day moving averages, suggesting mixed momentum in the short to medium term.
Additionally, the stock's delivery volume has seen a notable rise, with 28.26 lakh shares delivered on March 24, reflecting a 61.04% increase compared to the five-day average. With a market capitalization of Rs 96,808.01 crore, CG Power continues to maintain a liquid trading environment, suitable for transactions of approximately Rs 4.37 crore. Overall, the increase in open interest and trading volume highlights a dynamic trading session for CG Power, underscoring the stock's active market presence.
{{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
