Cummins India Sees Surge in Open Interest Amid Increased Trading Activity

Mar 28 2025 02:00 PM IST
share
Share Via
Cummins India Ltd. has seen a notable rise in open interest, reaching 26,469 contracts, alongside a trading volume of 14,302 contracts. The stock has outperformed its sector and is trading above several moving averages, indicating strong market activity and liquidity within the diesel engines industry.
Cummins India Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 26,469 contracts, up from the previous 23,849, marking a change of 2,620 contracts or a 10.99% increase. The trading volume for the day reached 14,302 contracts, contributing to a futures value of approximately Rs 17,164 lakhs.

In terms of price performance, Cummins India has outperformed its sector by 0.61%, with the stock hitting an intraday high of Rs 3,079, representing a 2.48% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Notably, delivery volume has surged to 3.8 lakh shares, reflecting a 39.27% increase compared to the 5-day average.

With a market capitalization of Rs 84,575.11 crore, Cummins India operates within the diesel engines industry and continues to demonstrate robust liquidity, supporting a trade size of Rs 3.77 crore. Overall, the notable rise in open interest and trading activity underscores the stock's current market dynamics.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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