LTI Mindtree Sees Significant Open Interest Surge Amid Increased Trading Activity
LTI Mindtree Ltd has seen a notable rise in open interest, reaching 27,679 contracts, alongside a trading volume of 59,555 contracts. The stock has demonstrated resilience with a recent price increase and strong liquidity, supported by a significant delivery volume, reinforcing its active market presence.
LTI Mindtree Ltd, a prominent player in the Computers - Software & Consulting industry, has experienced a significant increase in open interest today. The latest open interest stands at 27,679 contracts, reflecting a rise of 2,646 contracts or 10.57% from the previous open interest of 25,033. This uptick in open interest coincides with a trading volume of 59,555 contracts, indicating heightened activity in the stock.In terms of price performance, LTI Mindtree has shown resilience, gaining 2.71% over the last four days, with a current day's return of 0.69%. The stock reached an intraday high of Rs 5,272, marking a 3.08% increase. Notably, the stock's performance is currently in line with its sector, which has seen a 1D return of 0.43%.
The stock's liquidity remains robust, with a delivery volume of 149,000 on August 13, reflecting an 80.23% increase compared to the five-day average. LTI Mindtree's market capitalization is approximately Rs 1,53,437 crore, positioning it firmly within the large-cap segment. Overall, the increase in open interest and solid trading metrics underscore the stock's active market presence.
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