Surge in Open Interest for L&T Technology Services Signals Increased Trading Activity Amid Declining Performance

Mar 12 2025 03:00 PM IST
share
Share Via
L&T Technology Services Ltd has seen a significant rise in open interest, indicating increased trading activity. The stock is currently near its 52-week low and has underperformed its sector, reflecting a downward trend. It is trading below multiple moving averages, suggesting a challenging market environment.
L&T Technology Services Ltd (LTTS) has experienced a notable increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 14,613 contracts, up from the previous figure of 12,756, marking a change of 1,857 contracts or a 14.56% increase. The trading volume for the day reached 24,941 contracts, contributing to a futures value of approximately Rs 14,231.07 lakhs.

In terms of price performance, L&T Technology Services is currently trading close to its 52-week low, just 4.83% above the low of Rs 4,200. The stock has underperformed its sector by 2.17%, continuing a downward trend with a 9.16% decline over the past four days. Today, the stock hit an intraday low of Rs 4,353.30, reflecting a decrease of 6.23%.

Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. The IT - Software sector itself has seen a decline of 2.77%. Overall, the increase in open interest for L&T Technology Services highlights significant trading activity amid a broader context of declining stock performance.
{{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