Tata Technologies Sees Surge in Open Interest Amid Increased Trading Activity

May 16 2025 01:00 PM IST
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Tata Technologies Ltd has seen a notable rise in open interest, reaching 39,962 contracts, alongside a trading volume of 43,909 contracts. The stock has outperformed its sector and achieved a six-day gain of 14.23%. However, delivery volume has declined, suggesting varying investor participation.
Tata Technologies Ltd (TATATECH) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 39,962 contracts, marking a rise of 3,804 contracts or 10.52% from the previous open interest of 36,158. The trading volume for the day reached 43,909 contracts, contributing to a futures value of approximately Rs 43.17 crore.

In terms of price performance, Tata Technologies has outperformed its sector by 4.71%, with the stock gaining for six consecutive days and achieving a total return of 14.23% during this period. The stock reached an intraday high of Rs 748.35, reflecting a 3.94% increase for the day.

Despite this positive momentum, the stock's delivery volume has seen a decline of 3.35% compared to the five-day average, indicating a potential decrease in investor participation. Nevertheless, Tata Technologies remains liquid enough for trades of Rs 2.08 crore, based on 2% of the five-day average traded value.

Overall, the notable increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for Tata Technologies.
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