Surge in Open Interest Signals Dynamic Trading Environment for Macrotech Developers
Macrotech Developers Ltd (LODHA) has seen a notable rise in open interest, reaching 19,605 contracts, alongside a trading volume of 20,888 contracts. The stock opened higher and remains above key moving averages, indicating a dynamic trading environment despite recent challenges and mixed performance indicators.
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 19,605 contracts, reflecting a rise of 2,603 contracts or 15.31% from the previous open interest of 17,002. The trading volume for the day reached 20,888 contracts, indicating robust activity in the market.In terms of price performance, Macrotech Developers opened with a gain of 2.67% and reached an intraday high of Rs 1,390, marking a 5.29% increase. Despite this positive opening, the stock has faced challenges, having declined by 4.28% over the past two days. Notably, the stock has outperformed its sector, which has seen a decline of 3.67%.
The weighted average price suggests that more volume was traded closer to the low price, while the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. With a market capitalization of Rs 1,34,578 crore, Macrotech Developers continues to maintain a liquid trading environment, with delivery volume rising by 18.65% against the 5-day average. Overall, the notable increase in open interest highlights a dynamic trading environment for Macrotech Developers amidst mixed performance indicators.
{{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
