Torrent Power Sees Surge in Open Interest Amid Market Dynamics Shift

Jul 16 2025 11:00 AM IST
share
Share Via
Torrent Power Ltd. has seen a significant rise in open interest, reaching 10,134 contracts, alongside a trading volume of 4,527 contracts. The stock has outperformed its sector slightly after a period of decline, although it remains below key moving averages, indicating a challenging market environment.
Torrent Power Ltd. has experienced a notable increase in open interest today, signaling a shift in market dynamics. The latest open interest stands at 10,134 contracts, reflecting a rise of 1,051 contracts or 11.57% from the previous open interest of 9,083. This uptick comes alongside a trading volume of 4,527 contracts, indicating active participation in the market.

In terms of price performance, Torrent Power has outperformed its sector by 0.93%, marking a trend reversal after four consecutive days of decline. The stock has traded within a narrow range of Rs 13.2, and its current underlying value is reported at Rs 1,403. However, it is noteworthy that Torrent Power is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging environment for the stock.

Additionally, the delivery volume has seen a decline of 29.35% compared to the 5-day average, indicating a decrease in investor participation. With a market capitalization of Rs 70,823.64 crore, Torrent Power remains a significant player in the power industry. Overall, the increase in open interest and the stock's recent performance highlight a pivotal moment for Torrent Power in the current market landscape.
{{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