Hitachi Energy India Ltd Sees 6,424 Active Call Contracts at Rs 20,000 Strike

Hitachi Energy India Ltd has emerged as one of the most active stocks in the heavy electrical equipment sector today, reflecting significant trading activity. The stock, which has a market capitalization of Rs 87,852.13 crore, saw a notable increase in its performance metrics, outperforming its sector by 9.8%.
Today, Hitachi Energy opened with a substantial gap up of 7.2%, reaching an intraday high of Rs 19,674, marking a 9.79% increase. Over the past two days, the stock has demonstrated a strong upward trend, yielding a total return of 10.56%.

In the options market, a total of 6,424 call contracts were traded for the expiry date of November 25, 2025, at a strike price of Rs 20,000, generating a turnover of Rs 1,571.25 lakh. The open interest stands at 1,143 contracts, indicating ongoing interest in this stock.

Hitachi Energy is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust performance trend. Additionally, the stock's liquidity remains strong, with a delivery volume of 53,270 shares on November 3, reflecting an 8.48% increase compared to the 5-day average.

In summary, Hitachi Energy India Ltd's recent trading activity highlights its strong market position and positive performance indicators within the heavy electrical equipment industry.