Solar Industries India Ltd Sees Surge with 12,845 Active Call Options at Rs 17,000 Strike

Solar Industries India Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the Other Chemical Products industry, has seen significant trading activity in its call options, with 12,845 contracts traded for the expiry date of May 29, 2025, at a strike price of Rs 17,000. This activity has generated a turnover of approximately Rs 390.63 lakhs, while the open interest stands at 1,486 contracts, indicating a robust interest in this option.
In terms of stock performance, Solar Industries reached a new 52-week and all-time high of Rs 15,921 today, reflecting a 3.83% increase. The stock has outperformed its sector by 2.17% and has shown a remarkable consecutive gain over the last four days, accumulating a total return of 17.63% during this period. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a strong upward trend.

Despite a recent decline in delivery volume, which fell by 30.41% against the 5-day average, the stock remains liquid enough for trades sized at Rs 6.47 crore, based on 2% of the 5-day average traded value. Overall, Solar Industries India Ltd continues to demonstrate strong performance metrics and market activity, marking it as a noteworthy player in today's trading landscape.