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

Jul 29 2025 03:01 PM IST
share
Share Via
One 97 Communications Ltd has seen a notable rise in open interest, reaching 72,299 contracts, alongside a trading volume of 70,151 contracts. Despite a decline in stock price, it remains above key moving averages, while liquidity remains strong, though delivery volume has decreased significantly.
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 72,299 contracts, reflecting a rise of 8,542 contracts or 13.4% from the previous open interest of 63,757. This uptick coincides with a trading volume of 70,151 contracts, indicating active participation in the market.

In terms of price performance, One 97 Communications has underperformed its sector by 2.29%, with the stock reaching an intraday low of Rs 1,064.2, down 2.74% for the day. Despite this decline, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term positive trend in its price trajectory.

Additionally, the stock's liquidity remains robust, with a trading capacity sufficient for a trade size of Rs 29.8 crore, based on 2% of the 5-day average traded value. However, it is noteworthy that the delivery volume has decreased by 43.65% compared to the 5-day average, indicating a potential shift in investor participation.

In summary, the notable increase in open interest for One 97 Communications highlights a dynamic trading environment, even as the stock faces short-term challenges in price performance.
{{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