Tech Mahindra Sees Surge in Open Interest Amid Increased Trading Activity

Jun 10 2025 03:00 PM IST
share
Share Via
Tech Mahindra Ltd. has seen a notable rise in open interest, reaching 39,887 contracts, alongside a trading volume of 66,856 contracts. The stock has outperformed its sector and is trading above key moving averages, despite a significant drop in delivery volume. The company maintains a strong market capitalization.
Tech Mahindra Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 39,887 contracts, up from the previous figure of 35,973, marking a change of 3,914 contracts or a 10.88% increase. The trading volume for the day reached 66,856 contracts, contributing to a total futures value of approximately Rs 71,827.56 lakhs.

In terms of performance, Tech Mahindra has outperformed its sector by 0.67%, with the stock gaining 4.47% over the past five days. Today, it reached an intraday high of Rs 1,633.50, reflecting a 3.45% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, it is noteworthy that delivery volume has decreased significantly, with a reported delivery volume of 319,000 on June 9, down 71.24% compared to the 5-day average. Despite this decline in investor participation, Tech Mahindra maintains a market capitalization of Rs 1,57,671.65 crore, solidifying its position as a large-cap player in the Computers - Software & Consulting industry. Overall, the increase in open interest highlights a notable shift in trading dynamics for Tech Mahindra.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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