Bharat Forge Sees Surge in Open Interest Amidst Declining Stock Performance

Jul 30 2025 02:00 PM IST
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Bharat Forge Ltd. has seen a notable rise in open interest, reaching 42,499 contracts, alongside increased trading activity in the derivatives market. Despite this, the stock has underperformed its sector and is trading below key moving averages, indicating a bearish trend and declining investor participation.
Bharat Forge Ltd., a prominent player in the Auto Components & Equipments industry, has experienced a significant increase in open interest today. The latest open interest stands at 42,499 contracts, reflecting a rise of 6,446 contracts or 17.88% from the previous open interest of 36,053. This uptick coincides with a trading volume of 28,661 contracts, indicating heightened activity in the derivatives market.

In terms of price performance, Bharat Forge has underperformed its sector by 1.34%, with the stock reaching an intraday low of Rs 1,179, marking a decline of 3.39%. The weighted average price suggests that more volume was traded closer to this low price point. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term.

Investor participation appears to be waning, with delivery volume dropping by 32.12% compared to the 5-day average. Despite these challenges, the stock remains liquid enough for trades of Rs 1.45 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 Forge, amidst a backdrop of declining stock performance.
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