Cyient Ltd. Sees Surge in Open Interest Amid Increased Trading Activity
Cyient Ltd. has seen a notable rise in open interest, reaching 20,780 contracts, alongside a trading volume of 28,981 contracts, indicating increased market activity. The stock opened higher, showing positive price movement, while its liquidity improved significantly compared to recent averages, reflecting a vibrant trading environment.
Cyient Ltd., a mid-cap player in the IT software sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 20,780 contracts, up from the previous 17,440, marking a change of 3,340 contracts or a 19.15% increase. The trading volume for the day reached 28,981 contracts, indicating robust participation in the market.In terms of price performance, Cyient opened with a gain of 3.63%, reaching an intraday high of Rs 1,259.3, which represents a 4.48% increase from the previous close. Despite this positive movement, the stock has underperformed its sector, which gained 3.77%, by 1.2%. The stock is currently trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.
Additionally, the stock's liquidity appears favorable, with a delivery volume of 3.33 lakh shares on April 22, reflecting a 105.77% increase compared to the 5-day average. Overall, the notable rise in open interest and trading volume highlights a dynamic trading environment for Cyient Ltd. without indicating future price movements.
{{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
