Bharat Forge Sees Significant Open Interest Surge Amid Increased Market Activity
Bharat Forge Ltd., a key player in the Auto Components & Equipments sector, has seen a notable rise in open interest, reaching 38,390 contracts. This increase aligns with a trading volume of 32,539 contracts, reflecting active market engagement. The company's market capitalization stands at Rs 61,826.42 crore.
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 38,390 contracts, reflecting a rise of 4,391 contracts or 12.92% from the previous open interest of 33,999. This uptick in open interest coincides with a trading volume of 32,539 contracts, indicating active participation in the market.In terms of performance, Bharat Forge has shown resilience, gaining 1.24% over the last two days. The stock's current price is positioned above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. Notably, the delivery volume surged to 470,000 shares on June 20, marking a 62.83% increase compared to the 5-day average delivery volume, suggesting heightened trading activity.
With a market capitalization of Rs 61,826.42 crore, Bharat Forge continues to maintain a solid presence in the large-cap segment. The overall liquidity remains favorable, supporting trade sizes of up to Rs 2.06 crore based on 2% of the 5-day average traded value. This notable spurt in open interest highlights the stock's current market dynamics without indicating future trends.
{{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
