BHEL Sees Surge in Open Interest Amidst Declining Stock Performance and Increased Investor Activity
Bharat Heavy Electricals Ltd. (BHEL) has seen a notable rise in open interest, reaching 51,778 contracts, alongside increased trading volume of 27,036 contracts. Despite this activity, the stock has faced a decline, trading below key moving averages, while investor participation has surged significantly.
Bharat Heavy Electricals Ltd. (BHEL) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 51,778 contracts, up from the previous figure of 46,061, marking a change of 5,717 contracts or a 12.41% increase. The trading volume for the day reached 27,036 contracts, contributing to a futures value of approximately Rs 78,613.09 lakhs.Despite this uptick in open interest, BHEL's stock has faced challenges, having declined by 0.72% today, in line with the sector's performance, which saw a decrease of 0.53%. Over the past three days, the stock has recorded a total decline of 3.87%. Currently, BHEL is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
Interestingly, there has been a notable rise in investor participation, with delivery volume on August 26 reaching 24.67 lakh shares, a 107.3% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 1.62 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest amidst a declining price trend highlights the dynamic nature of BHEL's market activity.
{{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
