Balkrishna Industries Sees Significant Open Interest Surge Amid Increased Trading Activity

Mar 24 2025 01:00 PM IST
share
Share Via
Balkrishna Industries Ltd. has seen a notable rise in open interest, reaching 13,769 contracts, alongside a trading volume of 8,153 contracts. The stock has shown mixed performance, with a significant increase in delivery volume and a market capitalization of Rs 50,842 crore, indicating active trading conditions.
Balkrishna Industries Ltd., a prominent player in the Tyres & Allied industry, has experienced a significant increase in open interest today. The latest open interest stands at 13,769 contracts, reflecting a rise of 1,847 contracts or 15.49% from the previous open interest of 11,922. This uptick in open interest coincides with a trading volume of 8,153 contracts, indicating heightened activity in the stock.

In terms of performance, Balkrishna Industries has underperformed its sector by 0.4% today, although it has shown a modest gain of 0.71% over the past two days. The stock's current price is positioned above its 5-day and 20-day moving averages, yet remains below the 50-day, 100-day, and 200-day moving averages, suggesting mixed momentum in the short to medium term.

Additionally, the stock has seen a notable increase in delivery volume, with 311,000 shares delivered on March 21, marking a 255.23% rise compared to the 5-day average. With a market capitalization of Rs 50,842 crore, Balkrishna Industries continues to maintain a liquid trading environment, suitable for transactions around Rs 1.03 crore. Overall, the increase in open interest highlights a notable shift in market dynamics for Balkrishna Industries.
{{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
Most Read