Aditya Birla Capital Sees 18.63% Surge in Open Interest, Reaching 41,362 Contracts

Aditya Birla Capital Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has experienced a significant increase in open interest today. The latest open interest stands at 41,362 contracts, reflecting a rise of 6,496 contracts or 18.63% from the previous open interest of 34,866. This surge in open interest coincides with a trading volume of 23,508 contracts, indicating heightened activity in the derivatives market.
In terms of price performance, Aditya Birla Capital reached a new 52-week and all-time high of Rs. 311.9 today. The stock has outperformed its sector, delivering a 1.47% return compared to the sector's 0.27% and the Sensex's 0.68% return. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

With a market capitalization of Rs 80,874 crore, Aditya Birla Capital continues to demonstrate robust liquidity, with a delivery volume of 12.66 lakh shares on October 24, reflecting a 3% increase against the 5-day average. Overall, the notable rise in open interest and strong price performance underscores the stock's active engagement in the market.