Dixon Technologies Sees Significant Open Interest Surge Amid Market Activity Shift

Mar 28 2025 03:00 PM IST
share
Share Via
Dixon Technologies (India) Ltd has seen a notable rise in open interest, reaching 60,905 contracts, alongside a trading volume of 72,974 contracts, indicating increased activity in the derivatives market. Despite a decline in stock price and underperformance relative to its sector, delivery volume has increased significantly.
Dixon Technologies (India) Ltd, a prominent player in the Consumer Durables - Electronics sector, has experienced a significant increase in open interest today. The latest open interest stands at 60,905 contracts, reflecting a rise of 10,379 contracts or 20.54% from the previous open interest of 50,526. This surge coincides with a trading volume of 72,974 contracts, indicating heightened activity in the derivatives market.

In terms of price performance, Dixon Technologies underperformed its sector by 0.6%, with the stock reaching an intraday low of Rs 13,009.4, marking a decline of 3.71%. The weighted average price suggests that more volume was traded closer to this low price point. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term.

Despite these challenges, there has been a notable increase in delivery volume, which rose by 25.75% compared to the 5-day average, with a total delivery volume of 2.19 lakh shares on March 27. The liquidity remains adequate for trades, with the stock's market cap at Rs 81,497 crore. Overall, the increase in open interest highlights a notable shift in market dynamics for Dixon Technologies, reflecting changing investor sentiment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News