ICICI Lombard Sees Surge in Open Interest Amid Active Derivatives Trading

Apr 23 2025 02:00 PM IST
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ICICI Lombard General Insurance Company Ltd has seen a significant rise in open interest, indicating increased activity in the derivatives market. The stock has outperformed its sector and demonstrated consistent gains over the past three days, although investor participation has declined. The company maintains a strong market position within the Finance/NBFC industry.
ICICI Lombard General Insurance Company Ltd (ICICIGI) has experienced a notable increase in open interest today, reflecting heightened activity in the derivatives market. The latest open interest stands at 45,471 contracts, up from the previous figure of 40,061, marking a significant change of 5,410 contracts or 13.5%. The trading volume for the day reached 19,326 contracts, contributing to a total futures value of approximately Rs 49.96 crore.

In terms of price performance, ICICI Lombard has outperformed its sector by 1.34%, with a 1D return of 1.58%. The stock has shown consistent gains over the past three days, accumulating a total return of 4.42% during this period. While the stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 61.45% compared to the 5-day average. The stock maintains sufficient liquidity for trades, with a market cap of Rs 92,925.84 crore, positioning it firmly within the large-cap segment of the Finance/NBFC industry. Overall, the increase in open interest and recent performance metrics highlight a dynamic trading environment for ICICI Lombard.
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