Uno Minda Ltd Sees 16.62% Surge in Open Interest to 11,369 Contracts

Uno Minda Ltd, a prominent player in the Auto Components & Equipments industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 11,369 contracts, up from the previous 9,749 contracts, marking a change of 1,620 contracts or a 16.62% increase. The trading volume for the day reached 10,547 contracts, contributing to a total futures value of approximately Rs 21,657.81 lakhs.
In terms of price performance, Uno Minda has outperformed its sector by 1.58%, with the stock gaining for six consecutive days and achieving a total return of 5.47% during this period. The stock reached an intraday high of Rs 1,268.80, reflecting a 2.72% increase. The weighted average price indicates that more volume was traded closer to the low price, while the stock remains above its 5-day, 20-day, 100-day, and 200-day moving averages, although it is below the 50-day moving average.

Additionally, the delivery volume on October 31 surged to 5.45 lakh shares, a notable increase of 144.57% compared to the 5-day average. With a market capitalization of Rs 72,381.34 crore, Uno Minda continues to demonstrate liquidity suitable for trades around Rs 1.44 crore. Overall, the notable rise in open interest and robust trading metrics highlight the stock's active market presence.