Larsen & Toubro Sees 16.34% Surge in Open Interest Amid Increased Trading Activity
Larsen & Toubro Ltd. has seen a notable rise in open interest, reaching 210,339 contracts, alongside a trading volume of 145,562 contracts today. The stock is trading close to its 52-week high and has shown strong bullish momentum, with significant increases in delivery volume and overall market engagement.
Larsen & Toubro Ltd. (LT), a prominent player in the construction industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 210,339 contracts, up from the previous figure of 180,793, marking a change of 29,546 contracts or a 16.34% increase. The trading volume for the day reached 145,562 contracts, indicating robust market engagement.In terms of price performance, Larsen & Toubro is currently trading just 0.9% away from its 52-week high of Rs 4,062.6. The stock has outperformed its sector by 0.53% today and has shown a consistent upward trend, gaining 1.73% over the last two days. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish momentum.
Additionally, the stock's delivery volume on October 30 reached 26.98 lakh shares, a remarkable increase of 122.63% compared to the 5-day average delivery volume, indicating rising investor participation. With a market capitalization of Rs 5,53,850.13 crore, Larsen & Toubro continues to demonstrate liquidity sufficient for trades sized at Rs 23.1 crore. Overall, the notable spurt in open interest and strong trading metrics highlight the stock's active market presence.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
