Surge in Open Interest Signals Increased Trading Activity for PB Fintech Ltd

May 16 2025 01:00 PM IST
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PB Fintech Ltd has seen a notable rise in open interest, reaching 35,484 contracts, alongside a trading volume of 57,169 contracts, indicating increased market activity. The stock has gained 11.21% over six days and shows strong delivery volume, reflecting its active presence in the financial technology sector.
PB Fintech Ltd, a prominent player in the Financial Technology sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 35,484 contracts, up from the previous 31,332, marking a change of 4,152 contracts or a 13.25% increase. The trading volume for the day reached 57,169 contracts, indicating robust market engagement.

In terms of price performance, PB Fintech has shown resilience, gaining 11.21% over the past six days. Today, the stock reached an intraday high of Rs 1,853.7, representing a 4.28% increase. The weighted average price suggests that more volume was traded closer to the lower price range, while the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Additionally, the delivery volume surged to 31.21 lakh shares on May 15, reflecting a remarkable 347.74% increase compared to the 5-day average. With a market capitalization of Rs 82,124.39 crore, PB Fintech continues to demonstrate liquidity suitable for trades around Rs 5.02 crore. Overall, the notable rise in open interest and trading metrics underscores the stock's active market presence today.
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