LTI Mindtree Sees Surge in Open Interest Amidst Declining Stock Performance
LTI Mindtree Ltd has seen a notable rise in open interest, reaching 38,226 contracts, alongside a trading volume of 58,867 contracts. However, the stock has underperformed, declining 1.46% today, with a significant drop in delivery volume compared to the five-day average, highlighting ongoing sector challenges.
LTI Mindtree Ltd, a prominent player in the Computers - Software & Consulting sector, has experienced a significant increase in open interest today. The latest open interest stands at 38,226 contracts, reflecting a rise of 6,209 contracts or 19.39% from the previous open interest of 32,017. This uptick comes alongside a trading volume of 58,867 contracts, indicating active market engagement.Despite this notable spurt in open interest, LTI Mindtree's stock has underperformed relative to its sector, showing a decline of 1.46% today. The stock opened lower, with a gap down of 2.8%, and reached an intraday low of Rs 5,191.5, marking a decrease of 5.77% at its lowest point. Over the past two days, the stock has seen a cumulative drop of 4.27%.
In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 54,700 on September 19, although this figure represents a significant decline of 54.42% compared to the five-day average. Overall, while the increase in open interest is noteworthy, it occurs against a backdrop of declining stock performance and sector challenges.
{{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
Most Read
