Indus Towers Call Options Surge: Rs 400 Strike Hits 4,570 Contracts Traded

Indus Towers Ltd has emerged as one of the most active stocks today in the telecom equipment and accessories sector. The company, with a market capitalization of Rs 1,03,135.00 crore, has seen significant trading activity in its call options, particularly for the expiry date of November 25, 2025. Notably, the call option with a strike price of Rs 390 recorded 3,093 contracts traded, generating a turnover of Rs 750.16 lakh, while the Rs 400 strike price option saw 4,570 contracts traded with a turnover of Rs 741.39 lakh. The underlying value of Indus Towers is currently at Rs 392.55, reflecting a robust trading environment. In terms of performance metrics, Indus Towers has outperformed its sector by 0.62% today, marking a consecutive gain over the last two days with a total return of 7.54%. The stock opened with a gain of 2.42% and reached an intraday high of Rs 397.25, representing a 3.79% increase. Furthermore, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a slight decline in delivery volume, which fell by 1.92% against the 5-day average, the stock remains liquid enough for a trade size of Rs 10.52 crore. Overall, Indus Towers continues to demonstrate strong activity and performance in the market.