Delhivery Ltd Sees Surge in Open Interest Amid Increased Trading Activity
Delhivery Ltd has seen a notable rise in open interest, reaching 11,217 contracts, alongside a trading volume of 15,813 contracts today. The stock is currently trading near its 52-week high and has shown strong performance, surpassing its sector average and indicating robust market activity.
Delhivery Ltd, a prominent player in the Transport Services industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 11,217 contracts, marking a notable rise of 2,091 contracts or 22.91% from the previous open interest of 9,126. The trading volume for the day reached 15,813 contracts, contributing to a total futures value of approximately Rs 30,280.63 lakhs.In terms of price performance, Delhivery is currently trading just 4.52% below its 52-week high of Rs 449.45. The stock has shown resilience, outperforming its sector by 1.85% today, and has gained 5.1% over the last two days. The intraday high reached Rs 437.75, reflecting a 2.94% increase during the session. Additionally, Delhivery is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
With a market capitalization of Rs 32,163.18 crore, Delhivery continues to demonstrate robust liquidity, with a delivery volume of 23.9 lakh shares on July 31, which is 88.14% higher than the 5-day average. This surge in open interest and trading metrics underscores the stock's active market presence.
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