Aarti Industries Sees Surge in Open Interest Amid Increased Derivatives Activity

Aarti Industries Ltd., a prominent player in the specialty chemicals sector, has experienced a significant increase in open interest today. The latest open interest stands at 21,082 contracts, reflecting a rise of 2,557 contracts or 13.8% from the previous open interest of 18,525. This uptick in open interest comes alongside a trading volume of 9,152 contracts, indicating heightened activity in the derivatives market.
In terms of price performance, Aarti Industries has outperformed its sector by 1.68%, marking a notable trend reversal after eight consecutive days of decline. The stock is currently trading above its 100-day moving average but remains below its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, the stock has shown increased investor participation, with a delivery volume of 526,000 shares on July 11, which is up by 42.51% compared to the 5-day average delivery volume.

With a market capitalization of Rs 16,148.12 crore, Aarti Industries continues to demonstrate liquidity, suitable for trades around Rs 0.9 crore based on 2% of the 5-day average traded value. Overall, the notable rise in open interest and recent price movements highlight the evolving dynamics surrounding Aarti Industries in the specialty chemicals market.