Surge in Open Interest Signals Increased Trading Activity for Sona BLW Precision Forgings
Sona BLW Precision Forgings Ltd has seen a notable rise in open interest, reaching 38,118 contracts, alongside a trading volume of 18,959 contracts. The total futures and options value amounts to approximately Rs 71,317.47 lakhs, indicating increased market activity despite mixed performance indicators.
Sona BLW Precision Forgings Ltd (SONACOMS) has experienced a significant increase in open interest today, reflecting notable trading activity in the auto components and equipment sector. The latest open interest stands at 38,118 contracts, up from the previous 32,236, marking a change of 5,882 contracts or an 18.25% increase. This surge in open interest coincides with a trading volume of 18,959 contracts, indicating heightened market engagement.In terms of financial metrics, the total futures value is approximately Rs 70,970.68 lakhs, while the options value is significantly higher at Rs 2,274,832.686 lakhs, bringing the total value to Rs 71,317.47 lakhs. The underlying value of the stock is noted at Rs 466.
Despite this uptick in open interest, Sona BLW Precision Forgings has underperformed its sector by 0.67% today, with a stock return of 0.28%. The stock has gained after two consecutive days of decline but remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, delivery volume has decreased by 61.45% compared to the 5-day average, suggesting a decline in investor participation. Overall, the increase in open interest highlights a shift in trading dynamics for Sona BLW Precision Forgings, amidst a backdrop of mixed performance indicators.
{{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
