Surge in Open Interest Signals Dynamic Trading Environment for Samvardhana Motherson International
Samvardhana Motherson International Ltd has seen a notable rise in open interest, reaching 48,495 contracts, alongside a trading volume of 37,520 contracts. The stock has outperformed its sector and is trading above several moving averages, indicating strong market activity despite a slight decline in delivery volume.
Samvardhana Motherson International Ltd, a prominent player in the Auto Components & Equipments industry, has experienced a significant increase in open interest today. The latest open interest stands at 48,495 contracts, reflecting a rise of 4,586 contracts or 10.44% from the previous open interest of 43,909. This uptick coincides with a trading volume of 37,520 contracts, indicating robust activity in the derivatives market.In terms of price performance, Samvardhana Motherson's stock has outperformed its sector by 1.38%, reaching an intraday high of Rs 154.58, which marks a gain of 4.41% for the day. The stock is currently trading above its 5-day, 50-day, and 100-day moving averages, although it remains below its 20-day and 200-day moving averages.
Despite a slight decline in delivery volume, which has decreased by 4.09% against the 5-day average, the stock maintains adequate liquidity for trades sized at Rs 3.82 crore, based on 2% of the 5-day average traded value. With a market capitalization of Rs 1,07,409 crore, Samvardhana Motherson continues to hold a strong position in the market. Overall, the notable increase in open interest highlights a dynamic trading environment for the stock.
{{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
