Cholamandalam Investment & Finance Sees 12.83% Surge in Open Interest to 37,520
Cholamandalam Investment & Finance Company Ltd (CHOLAFIN) has seen a significant rise in open interest, indicating increased market activity. Despite a slight decline in price, the stock remains above key moving averages and retains adequate liquidity, reflecting a notable shift in market dynamics within the Non-Banking Financial Company sector.
Cholamandalam Investment & Finance Company Ltd (CHOLAFIN) has experienced a notable increase in open interest today, signaling heightened activity in the stock. The latest open interest stands at 37,520, up from the previous figure of 33,253, reflecting a change of 4,267, or 12.83%. This uptick in open interest comes alongside a trading volume of 29,240, indicating robust market engagement.In terms of price performance, Cholamandalam has seen a decline of 1.43% today, which is slightly better than the sector's average decline of 1.45% and the Sensex's drop of 0.96%. The stock has been on a downward trend, losing 3.86% over the past two days. Despite this, it remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average.
Investor participation appears to be waning, with delivery volume on September 25 falling by 20.3% compared to the 5-day average. Nevertheless, the stock maintains sufficient liquidity for trades, with a market cap of Rs 1,32,108.06 crore, categorizing it as a large-cap entity in the Non-Banking Financial Company (NBFC) sector. Overall, the increase in open interest highlights a significant shift in market dynamics for Cholamandalam Investment & Finance Company.
{{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
