Aditya Birla Fashion Sees Surge in Open Interest Amid Increased Trading Activity

Apr 21 2025 03:00 PM IST
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Aditya Birla Fashion & Retail Ltd (ABFRL) has seen a notable rise in open interest and trading volume, indicating increased market activity. The stock has outperformed its sector and demonstrated consistent gains over the past week, with significant delivery volume and a strong market capitalization, highlighting its liquidity in the retail sector.
Aditya Birla Fashion & Retail Ltd (ABFRL) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 29,940 contracts, up from the previous 27,106, marking a change of 2,834 contracts or a 10.46% increase. The trading volume for the day reached 15,765 contracts, contributing to a futures value of approximately Rs 74,389.81 lakhs and an options value of around Rs 3,678.40 crore, bringing the total value to Rs 74,943.35 lakhs.

In terms of performance, ABFRL has outperformed its sector by 1.08% today, with a 1D return of 0.98%. The stock has shown consistent gains over the past five days, accumulating a total return of 9.32%. Notably, the stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages.

Additionally, the stock has seen a notable rise in delivery volume, with 16.57 lakh shares delivered on April 17, reflecting a 280.2% increase compared to the 5-day average. With a market capitalization of Rs 32,799.86 crore, ABFRL continues to demonstrate robust liquidity, making it a significant player in the retailing industry.
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