Hitachi Energy India Ltd Sees 10.14% Rise in Open Interest to 619

Hitachi Energy India Ltd, a key player in the Heavy Electrical Equipment sector, has experienced a notable increase in open interest (OI) today. The latest OI stands at 619, reflecting a rise of 57 from the previous OI of 562, marking a percentage change of 10.14%. This uptick in OI comes alongside a trading volume of 271, contributing to a total futures value of approximately Rs 1,537.72 lakhs and an options value of Rs 101,571.77 lakhs, bringing the total to Rs 1,561.94 lakhs. The underlying value is reported at Rs 18,279.
In terms of price performance, Hitachi Energy India has shown resilience, gaining 1.54% over the last three days, with a 1D return of 0.31%. The stock's performance aligns with the sector, which recorded a 1D return of 0.20%, while the Sensex noted a 1D return of 0.35%. However, it is important to note a decline in investor participation, as the delivery volume of 27.35k on October 3 has decreased by 36.36% compared to the five-day average.

In summary, the increase in open interest for Hitachi Energy India Ltd highlights a significant shift in market activity, while the stock's recent performance remains consistent with broader market trends.