SBI Cards Sees Surge in Open Interest Amid Declining Stock Performance

Jul 01 2025 02:00 PM IST
share
Share Via
SBI Cards & Payment Services Ltd has seen a notable rise in open interest, reaching 34,895, alongside a trading volume of 35,640. Despite recent stock underperformance and a decline in delivery volume, the company maintains a large market capitalization of Rs 88,539.65 crore, indicating ongoing market engagement.
SBI Cards & Payment Services Ltd (SBICARD) has experienced a significant increase in open interest today, reflecting notable activity in the stock. The latest open interest stands at 34,895, up from the previous figure of 29,780, marking a change of 5,115, or 17.18%. This uptick coincides with a trading volume of 35,640, indicating heightened market engagement.

In terms of price performance, SBI Cards has underperformed its sector by 1.91%, with the stock recording a 1D return of -2.37%. Over the past two days, it has seen a decline of 5.97%. The stock reached an intraday low of Rs 921.05, reflecting a decrease of 3.36%. Despite this, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages.

Investor participation appears to be waning, with delivery volume dropping by 45.96% compared to the 5-day average. Nevertheless, the stock maintains sufficient liquidity for trades, with a market capitalization of Rs 88,539.65 crore, classifying it as a large-cap entity. Overall, the increase in open interest highlights a shift in market dynamics for SBI Cards, amidst a backdrop of declining stock 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