Mazagon Dock Shipbuilders Sees Surge in Open Interest Amid Increased Market Activity
Mazagon Dock Shipbuilders Ltd has seen a notable rise in open interest, reaching 24,950, alongside a trading volume of 28,667, indicating increased market activity. Despite underperforming its sector, the stock maintains a strong market capitalization and adequate liquidity, reflecting significant trading dynamics in the Aerospace & Defense sector.
Mazagon Dock Shipbuilders Ltd (symbol: MAZDOCK) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 24,950, up from the previous figure of 22,357, marking a change of 2,593, or an 11.6% increase. The trading volume for the stock reached 28,667, indicating robust engagement from market participants.In terms of price performance, Mazagon Dock has underperformed its sector by 12.4%, despite the shipbuilding industry gaining 11.01% overall. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Notably, the delivery volume has seen a decline, with a reported 12.84 lakh shares delivered on June 4, down 11.49% compared to the 5-day average.
With a market capitalization of Rs 1,37,665.53 crore, Mazagon Dock remains a significant player in the Aerospace & Defense sector. The liquidity of the stock is adequate for trades up to Rs 39.43 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a notable shift in trading dynamics for Mazagon Dock Shipbuilders.
{{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
