Titagarh Rail Systems Ltd Sees Surge in Call Options: 23,890 Contracts at Rs 900 Strike

Titagarh Rail Systems Ltd has emerged as one of the most active stocks today, reflecting significant trading activity in the options market. The company, operating in the industrial manufacturing sector, has seen notable interest in call options with expiry on May 29, 2025. Specifically, the call option with a strike price of Rs 960 recorded 19,873 contracts traded, generating a turnover of approximately Rs 2,432.85 lakhs, while the Rs 900 strike price option saw 23,890 contracts traded with a turnover of around Rs 5,474.57 lakhs.
The underlying stock, currently valued at Rs 915.85, has outperformed its sector by 3.61% today, marking a consecutive gain over the past five days with a total return of 33.03%. The stock reached an intraday high of Rs 924.4, reflecting a 14.26% increase. It has traded within a wide range of Rs 113.3, indicating volatility.

In terms of liquidity, the stock has shown a delivery volume of 9.04 lakhs on May 15, up 34.69% from its five-day average, suggesting rising investor participation. Additionally, the stock's performance metrics indicate it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Overall, Titagarh Rail Systems Ltd's active trading and performance metrics highlight its current market position within the industrial manufacturing sector.