Balkrishna Industries Sees Significant Surge in Open Interest Amid Active Market Engagement

Jul 02 2025 03:00 PM IST
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Balkrishna Industries Ltd has seen a notable rise in open interest, reaching 13,127 contracts, alongside a trading volume of 46,336 contracts. The stock has outperformed its sector and is currently trading above several moving averages, indicating strong market engagement and liquidity.
Balkrishna Industries Ltd, a prominent player in the Tyres & Rubber Products industry, has experienced a significant increase in open interest today. The latest open interest stands at 13,127 contracts, marking a notable rise of 2,521 contracts or 23.77% from the previous open interest of 10,606. This surge in open interest coincides with a trading volume of 46,336 contracts, reflecting active participation in the market.

In terms of price performance, Balkrishna Industries has outperformed its sector by 0.89%, with the stock gaining 4.72% over the last two days. Today, it reached an intraday high of Rs 2,586.9, representing a 4.45% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

The Tyres & Allied sector has also shown positive momentum, gaining 2.5% today. Notably, the delivery volume has surged to 9.49 lakh shares, a remarkable increase of 352.18% compared to the 5-day average. With a market capitalization of Rs 49,581.99 crore, Balkrishna Industries continues to demonstrate robust liquidity, supporting trade sizes of up to Rs 2.6 crore. Overall, the increase in open interest and strong trading metrics highlight the stock's active market engagement.
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