Surge in Open Interest Signals Increased Trading Activity for Berger Paints

Mar 28 2025 03:00 PM IST
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Berger Paints India Ltd has seen a notable rise in open interest, reaching 7,747 contracts, alongside a trading volume of 5,718 contracts. Despite a slight decline in price, the stock remains above several moving averages, indicating active trading and a strong market presence with a market capitalization of Rs 59,402 crore.
Berger Paints India Ltd (symbol: BERGEPAINT) has experienced a significant increase in open interest today, reflecting notable activity in the stock. The latest open interest stands at 7,747 contracts, up from the previous 6,976 contracts, marking a change of 771 contracts or an increase of 11.05%. The trading volume for the day reached 5,718 contracts, contributing to a total futures value of approximately Rs 6,724.57 lakhs.

In terms of price performance, Berger Paints has shown a slight decline of 0.17% today, in line with sector trends. The stock reached an intraday high of Rs 511.9, reflecting a gain of 2.02% at its peak. While the stock remains above its 20-day, 50-day, and 100-day moving averages, it is currently below its 5-day and 200-day moving averages. Additionally, delivery volume has decreased by 17.51% compared to the 5-day average, indicating a drop in investor participation.

With a market capitalization of Rs 59,402 crore, Berger Paints continues to maintain a strong position in the paints industry. The increase in open interest today highlights the stock's active trading environment, underscoring the ongoing dynamics within the market.
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