SRF Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Apr 02 2025 01:00 PM IST
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SRF Ltd. has seen a notable rise in open interest, reaching 18,464 contracts, alongside a trading volume of 14,912 contracts. The stock is close to its 52-week high and has shown positive price movement, indicating increased investor participation and a dynamic market environment.
SRF Ltd., a prominent player in the diversified industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 18,464 contracts, marking an increase of 2,872 contracts or 18.42% from the previous open interest of 15,592. The trading volume for the day reached 14,912 contracts, contributing to a total futures value of approximately Rs 31,907.32 lakhs.

In terms of price performance, SRF is currently positioned just 4.12% away from its 52-week high of Rs 3,054.90. The stock has shown resilience today, gaining 1.90% and outperforming its sector, which recorded a 1.16% increase. After two consecutive days of decline, SRF has reversed its trend, reaching an intraday high of Rs 2,944.95, reflecting a 2.27% rise.

Additionally, the stock's delivery volume has seen a 2.9% increase compared to its five-day average, indicating rising investor participation. With a market capitalization of Rs 86,979.94 crore, SRF remains a liquid option for trading, suitable for transactions around Rs 3.73 crore. Overall, the notable spurt in open interest and positive price movement underscores the stock's current market dynamics.
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