Mazagon Dock Shipbuilders Sees Surge in Open Interest Amid Mixed Performance Indicators

Jun 05 2025 02:00 PM IST
share
Share Via
Mazagon Dock Shipbuilders Ltd has seen a notable rise in open interest, indicating increased trading activity, with current open interest at 24,906 contracts. Despite this, the stock has underperformed compared to its sector. Liquidity remains strong, although delivery volume has decreased recently.
Mazagon Dock Shipbuilders Ltd (symbol: MAZDOCK) has experienced a significant increase in open interest today, reflecting heightened trading activity in the stock. The latest open interest stands at 24,906 contracts, up from the previous open interest of 22,357, marking a change of 2,549 contracts or an 11.4% increase. The trading volume for the day reached 19,294 contracts, contributing to a futures value of approximately Rs 21,608.26 lakhs.

Despite this surge in open interest, the stock has underperformed relative to its sector, showing a decline of 0.28% today, while the shipbuilding sector overall gained 10.29%. The stock has been on a downward trend, having lost 1.01% over the last two days. In terms of moving averages, MAZDOCK is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, but below the 5-day moving average.

Additionally, the stock's liquidity remains robust, with a trading capacity sufficient for a trade size of Rs 39.43 crore, although delivery volume has decreased by 11.49% compared to the 5-day average. Overall, the notable increase in open interest highlights a shift in market dynamics for Mazagon Dock Shipbuilders, amidst a backdrop of mixed performance indicators.
{{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