Ashok Leyland Sees Significant Open Interest Surge Amidst Market Dynamics Shift

May 26 2025 01:00 PM IST
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Ashok Leyland Ltd. has seen a notable rise in open interest, reaching 64,564 contracts, alongside a trading volume of 94,897. The company's total financial value is reported at Rs 125,617.18 lakhs. Despite this activity, the stock has underperformed its sector and experienced a decline in delivery volume.
Ashok Leyland Ltd., a prominent player in the automobiles sector, has experienced a significant increase in open interest (OI) today. The latest OI stands at 64,564 contracts, reflecting a rise of 6,516 contracts or 11.23% from the previous OI of 58,048. This uptick in OI comes alongside a trading volume of 94,897, indicating heightened activity in the derivatives market.

In terms of financial metrics, Ashok Leyland's future value is reported at Rs 120,172.32 lakhs, while the options value is substantially higher at Rs 45,783,229.85 lakhs, bringing the total value to Rs 125,617.18 lakhs. The underlying value of the stock is noted at Rs 238.

Despite this notable activity in OI, Ashok Leyland's stock has underperformed its sector by 0.6%, with a 1D return of -0.75%. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Additionally, delivery volume has seen a decline of 8.62% compared to the 5-day average, suggesting a decrease in investor participation. Overall, the increase in open interest highlights a shift in market dynamics for Ashok Leyland, warranting attention from market observers.
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