Surge in Open Interest Signals Shift in Market Dynamics for Macrotech Developers

Mar 26 2025 02:00 PM IST
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Macrotech Developers Ltd has seen a notable rise in open interest, reaching 21,144 contracts, alongside a trading volume of 26,947 contracts, indicating active participation in the derivatives market. Despite recent price declines, the stock remains above several moving averages and maintains a significant market capitalization.
Macrotech Developers Ltd (symbol: LODHA), a prominent player in the construction and real estate sector, has experienced a significant increase in open interest today. The latest open interest stands at 21,144 contracts, reflecting a rise of 1,952 contracts or 10.17% from the previous open interest of 19,192. This uptick comes alongside a trading volume of 26,947 contracts, indicating robust activity in the derivatives market.

In terms of price performance, Macrotech Developers has outperformed its sector by 0.49%, despite facing a consecutive decline over the past two days, with a total return of -0.98% during this period. The stock reached an intraday high of Rs 1,252.95, marking a 3.57% increase at its peak. However, it is noteworthy that the stock's delivery volume has decreased significantly, falling by 69.55% compared to the five-day average.

Currently, the stock is trading above its 5-day, 20-day, and 50-day moving averages, yet remains below its 100-day and 200-day moving averages. With a market capitalization of Rs 1,20,091.81 crore, Macrotech Developers continues to maintain a liquid trading environment, suitable for transactions of approximately Rs 4.35 crore. Overall, the increase in open interest highlights a notable shift in market dynamics for Macrotech Developers.
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