BHEL Sees Significant Surge in Open Interest, Indicating Increased Derivatives Activity
Bharat Heavy Electricals Ltd. (BHEL) has seen a notable rise in open interest, reaching 38,738 contracts, indicating increased activity in the derivatives market. The stock opened higher, trading above key moving averages, with significant investor participation reflected in a delivery volume of 39.48 lakh shares.
Bharat Heavy Electricals Ltd. (BHEL), a prominent player in the Heavy Electrical Equipment industry, has experienced a significant increase in open interest today. The latest open interest stands at 38,738 contracts, reflecting a notable rise of 7,893 contracts or 25.59% from the previous open interest of 30,845. This surge indicates heightened activity in the derivatives market for BHEL, with a trading volume of 37,658 contracts.In terms of price performance, BHEL opened the day with a gain of 2.99%, reaching an intraday high of Rs 272.1, which is a 3.03% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory. Additionally, the stock has shown rising investor participation, with a delivery volume of 39.48 lakh shares, up by 1.21% compared to the 5-day average.
With a market capitalization of Rs 92,866.63 crore, BHEL continues to maintain a solid position in the market. The increase in open interest, coupled with positive price movements, underscores the stock's active trading environment today.
{{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
