Balkrishna Industries Sees Surge in Call Options with 9,855 Contracts Traded at Rs 2,800

Balkrishna Industries Ltd, a prominent player in the Tyres & Rubber Products industry, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, identified by the ticker BALKRISIND, has seen a notable surge in call options, with 9,855 contracts traded for the July 31, 2025 expiry at a strike price of Rs 2,800. This activity has generated a turnover of approximately Rs 1,180.53 lakhs, indicating robust investor engagement.
As of the latest trading session, Balkrishna Industries has outperformed its sector by 2.11%, with the stock reaching an intraday high of Rs 2,779, marking a 4.75% increase. The underlying value stands at Rs 2,752, and 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.

Despite this positive performance, there has been a decline in investor participation, with delivery volume dropping by 62.56% compared to the 5-day average. Open interest in the options market is recorded at 866, reflecting ongoing interest in the stock. Overall, Balkrishna Industries continues to demonstrate resilience in a fluctuating market environment, maintaining a market capitalization of Rs 52,856.79 crore.