Uno Minda Ltd Sees 13.94% Surge in Open Interest to 7,750

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 7,750 contracts, marking a rise of 948 contracts or 13.94% from the previous open interest of 6,802. This uptick coincides with a trading volume of 3,840 contracts, reflecting active market engagement.
In terms of price performance, Uno Minda is currently trading close to its 52-week high, just 2.35% away from Rs 1,348.3. The stock has outperformed its sector by 0.93% today, with a 1.26% return on the day, while the sector and Sensex recorded returns of 0.47% and 0.68%, respectively. Notably, Uno Minda has shown consistent gains over the past three days, accumulating a total return of 3.81% during this period.

The stock is also 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 September 30 reached 794,000 shares, a substantial increase of 90.56% compared to the 5-day average, suggesting heightened liquidity in the market. Overall, the recent surge in open interest and positive performance metrics highlight Uno Minda's robust market position.