Exide Industries Sees Significant Surge in Open Interest Amid Increased Trading Activity

Jun 10 2025 01:00 PM IST
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Exide Industries Ltd has seen a notable rise in open interest, reaching 27,422 contracts, alongside a trading volume of 19,164 contracts. The stock has demonstrated resilience, gaining 4.1% over the past five days, with significant increases in delivery volume, reflecting heightened market activity.
Exide Industries Ltd, a prominent player in the Auto Components & Equipments sector, has experienced a significant increase in open interest today. The latest open interest stands at 27,422 contracts, reflecting a rise of 3,479 contracts or 14.53% from the previous open interest of 23,943. This uptick in open interest coincides with a trading volume of 19,164 contracts, indicating heightened activity in the derivatives market.

In terms of performance, Exide Industries has shown resilience, gaining 4.1% over the past five days, with a 1D return of 0.35%. The stock's price is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The delivery volume on June 9 reached 16.99 lakh shares, marking an impressive increase of 89.78% compared to the 5-day average delivery volume, suggesting a rise in trading participation.

With a market capitalization of Rs 34,187 crore, Exide Industries continues to maintain a solid position in the market. The notable increase in open interest and trading volume highlights the stock's active engagement in the current market environment.
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