Eicher Motors Sees Significant Rise in Open Interest Amidst Market Activity Shift
Eicher Motors Ltd has seen a notable rise in open interest, reaching 33,751 contracts, alongside a trading volume of 32,275 contracts. The stock is trading near its 52-week high, although it has experienced a decline in delivery volume and underperformed its sector during the trading session.
Eicher Motors Ltd, a prominent player in the Automobile Two & Three Wheelers industry, has experienced a significant increase in open interest today. The latest open interest stands at 33,751 contracts, reflecting a rise of 3,254 contracts or 10.67% from the previous open interest of 30,497. The trading volume for the day reached 32,275 contracts, indicating robust activity in the derivatives market.In terms of price performance, Eicher Motors is currently trading close to its 52-week high, just 4.98% away from Rs 5,575.5. The stock recorded an intraday high of Rs 5,525, marking a 3.32% increase during the trading session. However, it underperformed its sector by 0.93%, with a 1D return of -0.84%, compared to the sector's -0.71% and the Sensex's -1.33% decline.
Despite the increase in open interest, the stock has seen a decline in delivery volume, which fell by 27.13% against the 5-day average. Eicher Motors maintains a market capitalization of Rs 1,48,561 crore, positioning it firmly within the large-cap segment. Overall, the notable rise in open interest highlights a shift in market dynamics for Eicher Motors, reflecting changing investor sentiment and trading activity.
{{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
