Surge in Open Interest Signals Increased Trading Activity for Apollo Tyres

Mar 28 2025 03:00 PM IST
share
Share Via
Apollo Tyres Ltd. has seen a notable rise in open interest, reaching 8,520 contracts, alongside a trading volume of 6,134 contracts. Despite recent price underperformance and a downward trend, the stock's liquidity has increased, suggesting a shift in market dynamics that may interest participants.
Apollo Tyres Ltd. has experienced a significant increase in open interest (OI) today, reflecting heightened activity in its trading. The latest OI stands at 8,520 contracts, marking a notable rise of 1,116 contracts or 15.07% from the previous OI of 7,404. The trading volume for the day reached 6,134 contracts, contributing to a total futures value of approximately Rs 9,312.37 lakhs and an options value of Rs 3,626.70 crores, culminating in a total value of Rs 9,970.57 lakhs.

In terms of price performance, Apollo Tyres has underperformed its sector by 0.4%, with a 1D return of -0.34%. The stock has been on a downward trend, recording losses for four consecutive days, resulting in a total decline of 1.73% during this period. While the stock is currently trading above its 20-day and 50-day moving averages, it remains below its 5-day, 100-day, and 200-day moving averages.

Additionally, the stock has shown increased liquidity, with a delivery volume of 8.92 lakh shares on March 27, reflecting a 24.62% rise compared to the 5-day average delivery volume. Overall, the surge in open interest indicates a shift in market dynamics for Apollo Tyres, warranting attention from market participants.
{{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