Havells India Sees Significant Surge in Open Interest Amid Increased Trading Activity

Mar 24 2025 03:00 PM IST
share
Share Via
Havells India Ltd. has seen a significant rise in open interest, reaching 34,253 contracts, alongside a trading volume of 25,616 contracts. The stock is currently above its 20-day moving averages, with a notable increase in delivery volume. The company has a market capitalization of Rs 93,138 crore.
Havells India Ltd. has experienced a notable increase in open interest today, signaling heightened activity in its trading. The latest open interest stands at 34,253 contracts, reflecting a rise of 4,228 contracts or 14.08% from the previous open interest of 30,025. The trading volume for the day reached 25,616 contracts, contributing to a futures value of approximately Rs 72.27 crore.

In terms of price performance, Havells India has underperformed its sector by 1.41%, although it has shown signs of recovery after two consecutive days of decline. The stock is currently trading above its 20-day moving averages but remains below its 5-day, 50-day, 100-day, and 200-day moving averages. Notably, the delivery volume surged to 15.39 lakh shares on March 21, marking a significant increase of 91.55% compared to the 5-day average delivery volume.

With a market capitalization of Rs 93,138 crore, Havells India operates within the cable industry and continues to demonstrate liquidity sufficient for trades up to Rs 5.41 crore. The increase in open interest, coupled with the recent trading activity, underscores the dynamic nature of the stock's market presence.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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