Suzlon Energy Sees 13.86% Surge in Open Interest Amid Increased Trading Activity

Suzlon Energy Ltd, a prominent player in the Heavy Electrical Equipment sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 68,427 contracts, up from the previous 60,096, marking a change of 8,331 contracts or a 13.86% increase. The trading volume for the day reached 76,438 contracts, indicating robust market engagement.
In terms of price performance, Suzlon Energy has outperformed its sector by 1.68%, with the stock gaining 4.25% today. Over the past two days, it has recorded a total return of 9.42%. The stock reached an intraday high of Rs 58.78, reflecting a 4.55% increase. Notably, the weighted average price suggests that more volume was traded closer to the lower price range.

Additionally, the stock's liquidity remains strong, with a delivery volume of 5.67 crore on October 28, which is a 149.76% increase compared to the five-day average. Overall, Suzlon Energy's performance today highlights a notable uptick in trading activity and market interest, underscoring its position within the mid-cap segment of the market.