Surge in Open Interest Signals Dynamic Trading Environment for One 97 Communications

Jul 22 2025 03:00 PM IST
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One 97 Communications Ltd, a player in the Fintech sector, has seen a notable rise in open interest, reaching 66,052 contracts. The trading volume for the day was robust at 98,025 contracts. The stock is near its 52-week high and has shown consistent gains over the past three days.
One 97 Communications Ltd, operating in the Financial Technology (Fintech) sector, has experienced a significant increase in open interest today. The latest open interest stands at 66,052 contracts, reflecting a rise of 7,468 contracts or 12.75% from the previous open interest of 58,584. The trading volume for the day reached 98,025 contracts, indicating robust activity in the market.

In terms of price performance, One 97 Communications is currently trading close to its 52-week high, just 1.55% away from Rs 1,062.95. The stock has outperformed its sector by 3.07% today, marking a consecutive gain over the last three days with a total return of 4.74% during this period. The intraday high reached Rs 1,055, representing a 3.67% increase.

Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is noteworthy that delivery volume has decreased by 15.34% compared to the 5-day average, suggesting a decline in investor participation. Overall, the notable increase in open interest highlights a dynamic trading environment for One 97 Communications.
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