Surge in Open Interest Signals Increased Market Activity for Solar Industries India Ltd
Solar Industries India Ltd has seen a notable rise in open interest, reaching 18,047 contracts, alongside a trading volume of 87,495 contracts, indicating strong market activity. The stock is near its 52-week high and has shown resilience, outperforming its sector and the Sensex despite a slight decline in delivery volume.
Solar Industries India Ltd (symbol: SOLARINDS) has experienced a significant increase in open interest today, with the latest open interest recorded at 18,047 contracts, up from the previous 15,570 contracts. This represents a change of 2,477 contracts, or a 15.91% increase. The trading volume for the day reached 87,495 contracts, indicating robust activity in the market.In terms of price performance, Solar Industries is currently trading close to its 52-week high, just 0.99% away from the peak of Rs 14,339. The stock has shown resilience, gaining 5.32% today, outperforming its sector, which saw a return of 1.41%, and the Sensex, which returned 0.40%. Notably, the stock has reversed its trend after two consecutive days of decline, reaching an intraday high of Rs 14,306, marking a 6.06% increase.
Despite a slight decline in delivery volume, which fell by 8% against the five-day average, Solar Industries remains liquid, with a market capitalization of Rs 1,28,550.17 crore. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market. Overall, the notable increase in open interest reflects heightened trading activity and interest in Solar Industries India Ltd.
{{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
Most Read
