Surge in Open Interest Signals Increased Activity for L&T Technology Services Amidst Market Challenges
L&T Technology Services Ltd has seen a notable rise in open interest, reaching 14,465 contracts, alongside a trading volume of 22,117 contracts. The stock is trading near its 52-week low and has faced a decline over the past four days, indicating a challenging market environment.
L&T Technology Services Ltd (LTTS) has experienced a significant increase in open interest today, reflecting notable activity in the stock. The latest open interest stands at 14,465 contracts, up from the previous 12,756, marking a change of 1,709 contracts or a 13.4% increase. The trading volume for the day reached 22,117 contracts, indicating robust engagement in the market.In terms of price performance, L&T Technology Services is currently trading close to its 52-week low, just 4.33% away from the low of Rs 4,200. The stock has underperformed its sector, showing a decline of 2.18% today, and has faced a consecutive fall over the last four days, resulting in a total drop of 9.63% during this period. The intraday low was recorded at Rs 4,353.3, reflecting a decrease of 6.23% at one point.
Despite these challenges, the stock remains liquid, with a delivery volume of 24,450 shares on March 11, although this represents a significant decline of 46.76% compared to the five-day average. Overall, the increase in open interest amidst a challenging trading environment highlights the dynamic nature of L&T Technology Services in the IT software sector.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
