Surge in Open Interest Signals Increased Market Activity for Prestige Estates Projects

Mar 26 2025 03:00 PM IST
share
Share Via
Prestige Estates Projects Ltd has seen a notable rise in open interest, reaching 29,119 contracts, alongside a trading volume of 22,714 contracts. The stock has demonstrated resilience, achieving an intraday high of Rs 1,257.5, while maintaining strong liquidity with increased delivery volume compared to recent averages.
Prestige Estates Projects Ltd, a prominent player in the construction and real estate sector, has experienced a significant increase in open interest today. The latest open interest stands at 29,119 contracts, reflecting a rise of 4,037 contracts or 16.1% from the previous open interest of 25,082. This uptick in open interest comes alongside a trading volume of 22,714 contracts, indicating heightened activity in the stock.

In terms of price performance, Prestige Estates Projects has shown resilience, with the stock reaching an intraday high of Rs 1,257.5, marking a gain of 2.83%. The weighted average price suggests that more volume was traded closer to the lower price levels. Notably, the stock is currently positioned above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

The stock's liquidity remains robust, with a delivery volume of 611,000 shares on March 25, reflecting a 36.1% increase compared to the 5-day average delivery volume. Overall, the notable rise in open interest and trading activity highlights the current dynamics surrounding Prestige Estates Projects in the market.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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