Surge in Open Interest Signals Increased Market Activity for Asian Paints Ltd.
Asian Paints Ltd. has seen a notable rise in open interest, reaching 83,475 contracts, alongside a trading volume of 86,506 contracts. The stock has outperformed its sector and is trading above key moving averages, with increased delivery volume and a strong market capitalization, indicating robust market engagement.
Asian Paints Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 83,475 contracts, up from the previous 74,672, marking a change of 8,803 contracts or an 11.79% increase. This surge coincides with a trading volume of 86,506 contracts, indicating robust participation in the market.In terms of price performance, Asian Paints has outperformed its sector by 0.57%, reaching an intraday high of Rs 2,472, which represents a 3.17% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Additionally, the delivery volume has seen a notable rise, with 8.02 lakh shares delivered on July 31, reflecting a 70.48% increase compared to the 5-day average.
With a market capitalization of Rs 2,32,414 crore, Asian Paints continues to maintain a solid position in the paints industry. The liquidity of the stock remains favorable, supporting trade sizes of Rs 5.64 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and strong trading metrics highlight the active engagement surrounding Asian Paints in the current market environment.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
