HDFC Life Insurance Sees Surge in Open Interest Amid Increased Market Activity
HDFC Life Insurance Company Ltd has seen a notable rise in open interest, reaching 48,403 contracts, alongside a trading volume of 23,878 contracts. Despite recent stock declines, the company maintains strong liquidity and a significant market capitalization, indicating active participation in its futures market.
HDFC Life Insurance Company Ltd (HDFCLIFE) has experienced a significant increase in open interest today, reflecting heightened activity in its futures market. The latest open interest stands at 48,403 contracts, up from the previous figure of 43,087, marking a change of 5,316 contracts or a 12.34% increase. This uptick in open interest comes alongside a trading volume of 23,878 contracts, indicating robust participation in the market.In terms of price performance, HDFC Life has faced challenges recently, with the stock declining by 1.50% today, contributing to a total drop of 2.64% over the past four days. Despite this, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average. The underlying value of the stock is reported at Rs 775.
Additionally, the liquidity of HDFC Life is noteworthy, with a delivery volume of 19.29 lakh shares on August 25, which has surged by 93.55% compared to the five-day average. The market capitalization of the company is approximately Rs 1,67,909 crore, placing it firmly in the large-cap category within the insurance industry. Overall, the increase in open interest highlights a notable shift in trading dynamics for HDFC Life Insurance Company.
{{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
Most Read
