Tech Mahindra Sees Surge in Open Interest Amid Increased Trading Activity

Apr 25 2025 03:00 PM IST
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Tech Mahindra Ltd. has seen a notable rise in open interest, reaching 50,645 contracts, alongside a trading volume of 108,919 contracts. The stock has outperformed its sector and gained 12.11% over five days, despite a decline in delivery volume and a drop in intraday price.
Tech Mahindra Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 50,645 contracts, up from the previous 43,628, marking a change of 7,017 contracts or a 16.08% increase. The trading volume for the day reached 108,919 contracts, indicating robust market engagement.

In terms of performance, Tech Mahindra has outperformed its sector by 0.7% and has shown a consistent upward trend, gaining 12.11% over the past five days. The stock's intraday low was recorded at Rs 1,375, representing a decline of 4.86% from its previous close. The weighted average price suggests that more volume was traded closer to this low price point.

Despite this positive momentum, there has been a noted decrease in investor participation, with delivery volume falling by 29.41% compared to the five-day average. The stock remains liquid, with a trading capacity sufficient for a trade size of Rs 10.07 crore. Overall, the increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for Tech Mahindra.
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