Tech Mahindra Sees Surge in Open Interest Amidst Increased Trading Activity

Jul 04 2025 12:00 PM IST
share
Share Via
Tech Mahindra Ltd. has seen a notable rise in open interest, reaching 33,349 contracts, up from 12,219. The trading volume for the day was 6,025 contracts, indicating increased activity. Despite recent underperformance and a downward trend, the stock remains above key moving averages, with adequate liquidity.
Tech Mahindra Ltd. has experienced a significant increase in open interest today, marking a notable shift in trading activity. The latest open interest stands at 33,349 contracts, a substantial rise from the previous open interest of 12,219 contracts, reflecting a change of 21,130 contracts or an impressive 172.93%. The trading volume for the day reached 6,025 contracts, indicating heightened activity in the derivatives market.

In terms of overall performance, Tech Mahindra's stock has underperformed its sector by 1.31%, with a 1D return of -1.09%. The stock has been on a downward trend, experiencing consecutive declines over the past two days, resulting in a total return of -1.34% during this period. Despite this, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages.

The liquidity of Tech Mahindra's stock appears adequate, with a delivery volume of 10.73 lakh shares on July 3, which has decreased by 44.74% compared to the 5-day average. The company's market capitalization is approximately Rs 1,61,921.82 crore, placing it firmly in the large-cap category within the Computers - Software & Consulting industry. Overall, the increase in open interest suggests a shift in market dynamics, warranting close observation.
{{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