Titagarh Rail Systems Sees Significant Surge in Open Interest Amid Active Market Participation
Titagarh Rail Systems Ltd has seen a notable rise in open interest, reaching 6,974 contracts, alongside a trading volume of 6,688 contracts. The total futures and options value amounts to Rs 8,494.32 lakhs, while the stock is currently priced at Rs 817, showing mixed performance against moving averages.
Titagarh Rail Systems Ltd, a mid-cap player in the railways sector, has experienced a significant increase in open interest today. The latest open interest stands at 6,974 contracts, reflecting a rise of 937 contracts or 15.52% from the previous open interest of 6,037. This uptick coincides with a trading volume of 6,688 contracts, indicating active participation in the market.In terms of financial metrics, the total futures value is reported at Rs 7,252.77 lakhs, while the options value is notably higher at Rs 2,850.27 lakhs, bringing the total value to Rs 8,494.32 lakhs. The underlying value of the stock is currently at Rs 817.
On the price performance front, Titagarh Rail Systems has shown a return of 0.01% today, which is in line with the sector's performance of 0.14%. However, it is noteworthy that the stock is trading above its 5-day and 20-day moving averages but below its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume dropping by 28.49% compared to the 5-day average.
Overall, the increase in open interest for Titagarh Rail Systems highlights a notable shift in market dynamics, reflecting the stock's current trading activity without delving into future implications.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
