Surge in Open Interest Signals Increased Trading Activity for United Spirits Ltd
United Spirits Ltd has seen a notable rise in open interest, reaching 38,732 contracts, alongside a trading volume of 63,027 contracts. The stock has outperformed its sector, gaining 4.2% over two days, and has experienced a significant increase in delivery volume, indicating strong market engagement.
United Spirits Ltd, a prominent player in the beverages industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 38,732 contracts, marking a rise of 3,823 contracts or 10.95% from the previous open interest of 34,909. This surge in open interest coincides with a trading volume of 63,027 contracts, indicating robust market engagement.In terms of price performance, United Spirits has outperformed its sector by 1.72%, with the stock gaining 4.2% over the last two days. Today, it reached an intraday high of Rs 1,609.8, reflecting a 3.91% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.
Additionally, the delivery volume has seen a notable increase, with 6.95 lakh shares delivered on June 2, up by 55.88% compared to the 5-day average. With a market capitalization of Rs 1,15,190.55 crore, United Spirits continues to demonstrate liquidity sufficient for trades of Rs 2.57 crore. Overall, the increase in open interest and positive price movements highlight a dynamic trading environment for United Spirits.
{{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
Most Read
