Dixon Technologies Sees Surge in Open Interest Amidst Market Challenges
Dixon Technologies (India) Ltd has seen a significant rise in open interest, reaching 77,559, alongside a trading volume of 48,504, indicating increased activity in the derivatives market. Despite this, the stock has underperformed in its sector and is currently trading below key moving averages, reflecting a challenging market position.
Dixon Technologies (India) Ltd, a prominent player in the Electronics & Appliances sector, has experienced a notable increase in open interest (OI) today. The latest OI stands at 77,559, reflecting a rise of 7,106 from the previous OI of 70,453, marking a percentage change of 10.09%. This surge in OI comes alongside a trading volume of 48,504, indicating heightened activity in the derivatives market.Despite this uptick in OI, Dixon Technologies has underperformed relative to its sector, with a 1D return of -1.13%, compared to the sector's -0.83% and the Sensex's -0.25%. The stock has been on a downward trend, having fallen for three consecutive days, resulting in a total decline of 3.13% during this period. Additionally, Dixon Technologies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position.
The stock's liquidity remains robust, with a delivery volume of 2.09 lakh on May 29, which is a 3.84% increase against the 5-day average delivery volume. Overall, the increase in open interest highlights a significant shift in market dynamics for Dixon Technologies, reflecting ongoing trading activity amidst a broader context of price declines.
{{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
