Hindalco Industries Sees Surge in Open Interest Amid Increased Trading Activity

Jun 23 2025 02:00 PM IST
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Hindalco Industries Ltd has seen a notable rise in open interest, reaching 71,081 contracts, alongside a trading volume of 68,319 contracts. The stock has demonstrated resilience with a recent price increase and strong delivery volume, indicating active market engagement and liquidity for traders.
Hindalco Industries Ltd, a prominent player in the Non-Ferrous Metals sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 71,081 contracts, up from the previous 57,654 contracts, marking a change of 13,427 contracts or a 23.29% increase. The trading volume for the day reached 68,319 contracts, contributing to a total futures value of approximately Rs 282,156.49 lakhs.

In terms of price performance, Hindalco has shown resilience, gaining 3.45% over the last two days, with a notable intraday high of Rs 666, representing a 2.6% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The Aluminium & Aluminium Products sector has also seen a rise of 2.15%, aligning with Hindalco's performance.

Additionally, the stock's delivery volume has surged to 50.94 lakh shares, reflecting a 107.56% increase compared to the 5-day average. With a market capitalization of Rs 1,45,485 crore, Hindalco remains a liquid option for traders, with sufficient liquidity for a trade size of Rs 6.03 crore. Overall, the notable spurt in open interest and positive price movements underscore the stock's active market presence today.
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