Bharat Dynamics Ltd Sees Significant Open Interest Surge Amid Active Market Participation
Bharat Dynamics Ltd (BDL) has seen a notable rise in open interest, reaching 24,968 contracts, alongside a trading volume of 47,489 contracts. The stock has demonstrated resilience with a price increase, while remaining above key moving averages, indicating active market engagement despite a slight decline in delivery volume.
Bharat Dynamics Ltd (BDL), a prominent player in the Aerospace & Defense sector, has experienced a significant increase in open interest today. The latest open interest stands at 24,968 contracts, reflecting a rise of 2,588 contracts or 11.56% from the previous open interest of 22,380. This uptick comes alongside a trading volume of 47,489 contracts, indicating active market participation.In terms of price performance, BDL has shown resilience, gaining 1.49% today, which is in line with the sector's 1.32% increase, while the broader Sensex declined by 0.80%. The stock reached an intraday high of Rs 1,933.8, marking a 3.36% increase. Notably, BDL's current price is above its 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day and 20-day averages.
Despite a slight decline in delivery volume, which fell by 12.23% against the 5-day average, the stock maintains sufficient liquidity for trades sized at Rs 9.65 crore, based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for Bharat Dynamics Ltd, reflecting the ongoing activity in the stock.
{{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
