Surge in Open Interest Signals Shifting Market Dynamics for Tube Investments of India

Jun 23 2025 02:00 PM IST
share
Share Via
Tube Investments of India Ltd has seen a significant rise in open interest, reaching 22,867 contracts, alongside a trading volume of 16,178 contracts. Despite underperforming its sector, the stock has experienced a notable increase in delivery volume, indicating heightened market activity and changing investor sentiment.
Tube Investments of India Ltd, a prominent player in the Auto Components & Equipments industry, has experienced a notable increase in open interest today. The latest open interest stands at 22,867 contracts, reflecting a rise of 2,265 contracts or 10.99% from the previous open interest of 20,602. This uptick in open interest coincides with a trading volume of 16,178 contracts, indicating active participation in the market.

In terms of price performance, Tube Investments of India has underperformed its sector by 2.13%, with the stock reaching an intraday low of Rs 2,851, down 2.57% for the day. The stock's performance relative to moving averages shows that it is currently above the 100-day moving average but below the 5-day, 20-day, 50-day, and 200-day moving averages.

Additionally, the stock has seen a significant rise in delivery volume, with a reported 4.17 lakh shares delivered on June 20, marking an increase of 271.94% compared to the 5-day average delivery volume. With a market capitalization of Rs 56,035 crore, Tube Investments of India remains a liquid stock, suitable for trades around Rs 1.61 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a shift in market dynamics for Tube Investments of India, reflecting changing investor sentiment.
{{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