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

Apr 29 2025 02:00 PM IST
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Solar Industries India Ltd has seen a notable rise in open interest, reaching 7,393 contracts, alongside a trading volume of 9,181 contracts. The stock achieved a new all-time high of Rs 13,664, reflecting strong momentum and active trading in the market.
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 7,393 contracts, up from the previous 6,319, marking a change of 1,074 contracts or a 17.0% increase. The trading volume for the day reached 9,181 contracts, contributing to a futures value of approximately Rs 21,527.14 lakhs and an options value of around Rs 74,541.08 lakhs, bringing the total value to Rs 23,929.10 lakhs.

In terms of price performance, Solar Industries hit a new 52-week and all-time high of Rs 13,664, reflecting a 4.12% increase during the trading session. The stock has outperformed its sector by 2.05% and has shown a consecutive gain over the last two days, with a total return of 5.52% in this period. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

Overall, the notable rise in open interest, coupled with robust price performance, underscores the active trading environment surrounding Solar Industries India Ltd.
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