Bharat Forge Sees Surge in Open Interest Amid Ongoing Stock Performance Challenges

Aug 06 2025 03:00 PM IST
share
Share Via
Bharat Forge Ltd. has reported a significant rise in open interest, reaching 34,360 contracts, alongside a trading volume of 39,949 contracts. However, the company's stock has underperformed, experiencing consecutive declines and trading below key moving averages, indicating challenges in the market.
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 34,360 contracts, reflecting a rise of 3,741 contracts or 12.22% from the previous open interest of 30,619. This uptick coincides with a trading volume of 39,949 contracts, indicating active market engagement.

Despite this surge in open interest, Bharat Forge's stock performance has been underwhelming, underperforming its sector by 0.81%. The stock has faced consecutive declines over the past two days, resulting in a total drop of 3.01%. Today, it reached an intraday low of Rs 1,132.8, marking a decrease of 2.39%.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 1.25 lakh shares on August 5, although this figure represents a notable decline of 70.1% compared to the five-day average. Bharat Forge is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

In summary, while Bharat Forge has seen a notable increase in open interest, its recent stock performance and declining investor participation highlight ongoing challenges in the current market landscape.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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