Surge in Open Interest Signals Increased Market Activity for L&T Technology Services

Mar 12 2025 01:00 PM IST
share
Share Via
L&T Technology Services Ltd has seen a significant rise in open interest, indicating increased market activity. The stock is trading near its 52-week low and has underperformed its sector, with a notable decline over the past few days. The overall market sentiment appears complex amid these trends.
L&T Technology Services Ltd (LTTS) has experienced a notable increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 14,068 contracts, up from the previous 12,756, marking a change of 1,312 contracts or a 10.29% increase. The trading volume for the day reached 16,815 contracts, indicating robust participation in the market.

In terms of price performance, L&T Technology Services is currently trading close to its 52-week low, just 4.38% above the low of Rs 4,200. The stock has underperformed its sector, showing a decline of 5.68% today, compared to a 3.32% drop in the IT - Software sector. Over the past four days, the stock has consistently fallen, accumulating a total decline of 9.59%. The intraday low today was Rs 4,385, reflecting a decrease of 5.55% at one point.

Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also seen a significant drop, falling by 46.76% against the 5-day average. Overall, the increase in open interest amidst declining prices suggests a complex market sentiment surrounding L&T Technology Services.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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