Uno Minda Ltd Sees Significant Surge in Open Interest Amid Increased Trading Activity

Jun 04 2025 03:00 PM IST
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Uno Minda Ltd has seen a notable increase in open interest, reaching 3,231 contracts, alongside a trading volume of 13,487 contracts. The stock has outperformed its sector and is trading above multiple moving averages, indicating strong market activity and liquidity, with a market capitalization of Rs 60,809.69 crore.
Uno Minda Ltd, a prominent player in the Auto Components & Equipments industry, has experienced a significant increase in open interest today. The latest open interest stands at 3,231 contracts, marking a substantial rise of 1,698 contracts or 110.76% from the previous open interest of 1,533. This surge in open interest coincides with a trading volume of 13,487 contracts, reflecting heightened activity in the stock.

In terms of performance, Uno Minda has outperformed its sector by 2.23%, with the stock gaining 5.3% over the last three days. Today, it reached an intraday high of Rs 1,075, representing a 4.82% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Additionally, the delivery volume on June 3 has seen a remarkable increase of 147.22% compared to the 5-day average, suggesting robust trading activity. With a market capitalization of Rs 60,809.69 crore, Uno Minda continues to demonstrate liquidity suitable for trades up to Rs 1.35 crore. Overall, the notable rise in open interest and positive performance metrics highlight the stock's current market dynamics.
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