ABB India Ltd Sees Significant Surge in Open Interest Amid Increased Trading Activity
ABB India Ltd has seen a notable rise in open interest, reaching 34,637 contracts, alongside increased trading volume of 20,977 contracts. Despite underperforming its sector, the stock shows mixed momentum, trading above some moving averages while below others, indicating varied investor interest and market dynamics.
ABB India Ltd, a prominent player in the Heavy Electrical Equipment sector, has experienced a significant increase in open interest (OI) today. The latest OI stands at 34,637 contracts, reflecting a rise of 4,114 contracts or 13.48% from the previous OI of 30,523. This uptick in OI comes alongside a trading volume of 20,977 contracts, indicating heightened activity in the stock.In terms of price performance, ABB India has underperformed its sector, with a 1D return of -0.53%, compared to a sector return of 0.50% and a Sensex return of 0.84%. The stock is currently trading above its 5-day, 50-day, and 100-day moving averages, yet remains below its 20-day and 200-day moving averages, suggesting mixed momentum in its price trajectory.
Additionally, the stock has shown rising investor participation, with a delivery volume of 97,330 shares on June 24, marking a 33.22% increase against the 5-day average delivery volume. With a market capitalization of Rs 1,28,174 crore, ABB India continues to maintain a liquid trading environment, suitable for transactions up to Rs 2.1 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for ABB India.
{{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
