Indus Towers Ltd Sees Surge in Call Options with 6,206 Contracts at Rs 360 Strike

Indus Towers Ltd, a prominent player in the Telecom Equipment & Accessories sector, has emerged as one of the most active stocks today. The company’s underlying stock, INDUSTOWER, has seen significant trading activity, particularly in call options set to expire on August 28, 2025. A total of 6,206 contracts were traded at a strike price of Rs 360, resulting in a turnover of Rs 411.46 lakhs. The open interest stands at 2,243 contracts, indicating ongoing interest in these options.
In terms of price performance, Indus Towers has outperformed its sector by 1.63%, with the stock reaching an intraday high of Rs 357.5, reflecting a 2.72% increase. The stock's current value is Rs 355.2, which is higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the delivery volume has decreased significantly, falling by 66.2% compared to the 5-day average, with a delivery volume of 136,300 shares recorded on August 21.

Overall, Indus Towers continues to show notable activity in the market, with key metrics reflecting both its current performance and trading dynamics.