Surge in Open Interest Signals Increased Market Activity for PB Fintech Ltd
PB Fintech Ltd has seen a significant rise in open interest, reaching 29,058 contracts, alongside a trading volume of 16,191 contracts. Despite a slight decline in stock price and a decrease in delivery volume, the stock remains active in the financial technology market, trading above several moving averages.
PB Fintech Ltd, a prominent player in the Financial Technology sector, has experienced a notable increase in open interest today. The latest open interest stands at 29,058 contracts, reflecting a rise of 2,672 contracts or 10.13% from the previous open interest of 26,386. This surge in open interest comes alongside a trading volume of 16,191 contracts, indicating active participation in the market.In terms of market performance, PB Fintech's stock has underperformed its sector by 1.81%, with a current price reflecting a slight decline of 0.66% for the day. The stock reached an intraday high of Rs 1,941.10, marking a 2.09% increase at its peak. Notably, the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average.
Despite a decrease in delivery volume, which has fallen by 29.13% compared to the 5-day average, the stock remains liquid enough for trades sized at Rs 5.41 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a significant shift in market dynamics for PB Fintech, reflecting ongoing activity in the financial technology space.
{{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
