Birlasoft Sees Surge in Open Interest Amidst Declining Stock Performance

May 30 2025 12:00 PM IST
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Birlasoft Ltd has seen a notable rise in open interest, reaching 26,792 contracts, alongside a trading volume of 28,427 contracts, indicating increased activity in the derivatives market. However, the stock has underperformed recently, with consecutive declines and a significant drop in price over the past few days.
Birlasoft Ltd (BSOFT), a mid-cap player in the Computers - Software & Consulting industry, has experienced a significant increase in open interest today. The latest open interest stands at 26,792 contracts, reflecting a rise of 6,633 contracts or 32.9% from the previous open interest of 20,159. This uptick comes alongside a trading volume of 28,427 contracts, indicating heightened activity in the derivatives market.

Despite this surge in open interest, Birlasoft's stock performance has been underwhelming, underperforming its sector by 4.53%. The stock has faced consecutive declines over the past two days, with a total drop of 5.68%. Today, it opened with a loss of 2.08% and reached an intraday low of Rs 396.05, marking a decline of 5.87% at its lowest point.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 17.41 lakh shares on May 29, which is a notable increase of 291.08% compared to the five-day average. Overall, while Birlasoft shows increased open interest, its recent price performance reflects challenges in the market.
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