Bharat Dynamics Ltd Sees Surge in Open Interest Amid Market Dynamics Shift
Bharat Dynamics Ltd (BDL) has seen a notable rise in open interest, reaching 20,867 contracts, alongside a trading volume of 13,034 contracts. Despite this increase, the stock has underperformed its sector and experienced a decline, with decreased delivery volume indicating reduced investor participation.
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 20,867 contracts, reflecting a rise of 2,656 contracts or 14.58% from the previous open interest of 18,211. This uptick comes alongside a trading volume of 13,034 contracts, indicating active participation in the market.In terms of price performance, BDL has underperformed its sector by 2.48%, with the stock falling after two consecutive days of gains. The stock reached an intraday low of Rs 1,911, marking a decline of 2.86%. Notably, the weighted average price suggests that more volume was traded closer to this low price point.
Despite the recent downturn, BDL's moving averages indicate that the stock remains above the 20-day, 50-day, 100-day, and 200-day averages, although it is currently below the 5-day moving average. Additionally, the delivery volume has decreased by 7.16% compared to the 5-day average, reflecting a decline in investor participation.
Overall, the increase in open interest for Bharat Dynamics Ltd highlights a notable shift in market dynamics, even as the stock faces short-term challenges.
{{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
