Ashok Leyland Sees Surge in Open Interest Amid Strong Trading Activity

Aug 18 2025 11:00 AM IST
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Ashok Leyland Ltd. has seen a notable rise in open interest, indicating increased trading activity, with current figures at 38,255 contracts. The stock reached a new 52-week high and has shown consistent upward momentum, outperforming its sector. The company maintains strong liquidity and market engagement.
Ashok Leyland Ltd., a prominent player in the midcap automobile sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 38,255 contracts, up from the previous 32,644, marking a change of 5,611 contracts or a 17.19% increase. The trading volume for the day reached 80,327 contracts, indicating robust market engagement.

In terms of price performance, Ashok Leyland hit a new 52-week high of Rs. 132.6, representing an intraday gain of 8.72%. The stock has shown consistent upward momentum, gaining 10.4% over the past three days and outperforming its sector by 2.19%. Notably, the stock opened with a gain of 2.57% today and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The automobile sector, particularly in trucks, has also seen a positive shift, gaining 5.8%. With a market capitalization of Rs. 76,379 crore, Ashok Leyland continues to demonstrate strong liquidity, making it a notable entity in the current market landscape. Overall, the increase in open interest and the stock's performance metrics highlight a dynamic trading environment for Ashok Leyland.
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