Hindustan Aeronautics Ltd has emerged as one of the most active stock calls today amid mixed market performance.

Hindustan Aeronautics Ltd (HAL), a prominent player in the defence sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on March 27, 2025, have seen significant trading activity, with 15,298 contracts exchanged at a strike price of Rs 3,500. This activity has generated a premium turnover of approximately Rs 82.83 lakh, while the open interest stands at 3,377 contracts, indicating a robust interest in this option.
Despite this activity, HAL's stock has underperformed the sector, declining by 0.21% today, while the broader sector has seen a slight gain of 0.27%. Over the past two days, HAL has experienced a consecutive fall, with a total return of -1.13%. The stock is currently valued at Rs 3,410, which is above its 5-day moving average but below its longer-term moving averages, including the 20-day, 50-day, 100-day, and 200-day averages.

Investor participation has also shown signs of decline, with delivery volume dropping by 30.79% compared to the 5-day average. Nevertheless, the stock remains liquid, with a trade size of Rs 13.63 crore based on 2% of the 5-day average traded value. Overall, HAL's current performance reflects a complex interplay of market dynamics within the defence industry.