Surge in Open Interest Signals Increased Trading Activity for Birlasoft Ltd
Birlasoft Ltd has seen a notable rise in open interest, reaching 19,706 contracts, a significant increase from previous levels. This surge coincides with a trading volume of 29,154 contracts, indicating heightened market activity. Despite recent price fluctuations, the stock remains liquid, with increased delivery volume observed.
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 19,706 contracts, marking a rise of 5,852 contracts or 42.24% from the previous open interest of 13,854. This surge in open interest comes alongside a trading volume of 29,154 contracts, indicating heightened activity in the stock.In terms of price performance, Birlasoft has underperformed its sector by 1.39%, with the stock recording a 1D return of -1.73%. Over the past two days, the stock has seen a consecutive decline, totaling a drop of 2.08%. During today's trading session, Birlasoft reached an intraday high of Rs 452, reflecting a gain of 2.22%, while the intraday low was Rs 431.6, down by 2.4%.
Despite these fluctuations, the stock remains liquid, with a delivery volume of 16.68 lakh shares on June 26, which is an increase of 80.97% compared to the 5-day average. The stock's performance relative to moving averages shows it is above the 5-day, 20-day, 50-day, and 100-day averages but below the 200-day average. Overall, the notable rise in open interest highlights a shift in market dynamics for Birlasoft, reflecting increased trading 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
