Bharat Dynamics Sees Surge in Open Interest Amidst Market Challenges
Bharat Dynamics Ltd (BDL) has seen a notable rise in open interest, reaching 31,819 contracts, alongside a trading volume of 46,431 contracts. Despite this increase, the stock has underperformed, declining while the sector experienced a smaller drop. The company maintains a strong market capitalization and robust liquidity.
Bharat Dynamics Ltd (BDL), a prominent player in the Aerospace & Defense sector, has experienced a significant increase in open interest (OI) today. The latest OI stands at 31,819 contracts, reflecting a rise of 3,694 contracts or 13.13% from the previous OI of 28,125. This uptick in OI coincides with a trading volume of 46,431 contracts, indicating heightened activity in the derivatives market.Despite this surge in open interest, the stock has underperformed relative to its sector, declining by 3.76% today, while the sector itself saw a smaller drop of 0.82%. The stock reached an intraday low of Rs 1,850, marking a decrease of 4.2%. Notably, the weighted average price suggests that more volume was traded closer to this low price point.
Bharat Dynamics maintains a market capitalization of Rs 68,434 crore, categorizing it as a large-cap stock. The stock's liquidity remains robust, with a delivery volume of 9.59 lakh shares on June 23, which is 49.39% higher than the five-day average. Overall, the increase in open interest highlights a notable shift in market dynamics for Bharat Dynamics, amidst a challenging trading 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
