Surge in Open Interest Signals Shifting Market Dynamics for Apollo Tyres

Apr 25 2025 02:00 PM IST
share
Share Via
Apollo Tyres Ltd. has seen a notable rise in open interest in the derivatives market, reaching 8,598 contracts. The trading volume for the day was 7,364 contracts, with a total futures value of approximately Rs 18,819.55 lakhs. The stock has experienced a decline, with reduced delivery volume indicating decreased investor participation.
Apollo Tyres Ltd. has experienced a significant increase in open interest today, reflecting notable activity in the derivatives market. The latest open interest stands at 8,598 contracts, up from the previous 7,603 contracts, marking a change of 995 contracts or a 13.09% increase. The trading volume for the day reached 7,364 contracts, contributing to a total futures value of approximately Rs 18,819.55 lakhs.

In terms of price performance, Apollo Tyres has shown a decline, with the stock touching an intraday low of Rs 455.45, representing a decrease of 3.19%. The weighted average price indicates that more volume was traded closer to this low price. While the stock remains above its 5-day, 20-day, 50-day, and 100-day moving averages, it is currently below its 200-day moving average. Additionally, delivery volume has decreased by 9.66% compared to the 5-day average, indicating a decline in investor participation.

With a market capitalization of Rs 29,542 crore, Apollo Tyres operates within the Tyres & Allied industry, maintaining a liquid trading environment suitable for transactions around Rs 1.12 crore. Overall, the increase in open interest highlights a shift in market dynamics for Apollo Tyres, amidst a backdrop of fluctuating stock performance.
{{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