Surge in Open Interest Signals Increased Trading Activity for Solar Industries India Ltd

May 22 2025 12:00 PM IST
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Solar Industries India Ltd has seen a notable rise in open interest, reaching 20,765 contracts, alongside a trading volume of 45,653 contracts. The stock achieved a new all-time high of Rs 14,727, reflecting strong market engagement and consistent upward momentum, outperforming its sector significantly.
Solar Industries India Ltd (symbol: SOLARINDS) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 20,765 contracts, up from the previous 18,478 contracts, marking a change of 2,287 contracts or a 12.38% increase. This surge in open interest coincides with a trading volume of 45,653 contracts, indicating robust market engagement.

In terms of price performance, Solar Industries reached a new 52-week and all-time high of Rs 14,727 today, representing a 3.77% increase during the trading session. The stock has outperformed its sector by 2.31% and has shown a consistent upward trend, gaining 8.78% over the last two days. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish momentum.

The stock's liquidity remains favorable, with a delivery volume of 318,000 shares on May 21, reflecting a 266.77% increase compared to the 5-day average delivery volume. Overall, Solar Industries India Ltd continues to demonstrate solid performance metrics within the Other Chemical Products industry, underscoring its position in the market.
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