Surge in Open Interest Signals Dynamic Trading Environment for PB Fintech Ltd

Mar 24 2025 03:00 PM IST
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PB Fintech Ltd has seen a notable rise in open interest, reaching 38,124 contracts, alongside a trading volume of 64,302. The stock has outperformed its sector, achieving six consecutive days of gains and a total return of 27.14%. However, delivery volume has decreased significantly compared to recent averages.
PB Fintech Ltd, operating in the Finance/NBFC sector, has experienced a significant increase in open interest today, with the latest open interest reaching 38,124 contracts, up from the previous 33,739 contracts. This marks a change of 4,385 contracts, reflecting a 13.0% increase. The trading volume for the day stood at 64,302, contributing to a futures value of approximately Rs 89,872.33 lakhs and an options value of Rs 26,145,016.04 lakhs, bringing the total value to Rs 94,596.70 lakhs. The underlying value of the stock is noted at Rs 1,693.

In terms of performance, PB Fintech has outperformed its sector by 4.03% today, continuing a positive trend with six consecutive days of gains, amounting to a total return of 27.14% over this period. The stock reached an intraday high of Rs 1,698, reflecting a 5.93% increase. While the stock remains above its 5-day, 20-day, 50-day, and 200-day moving averages, it is currently below the 100-day moving average. However, there has been a notable decline in delivery volume, which has decreased by 40.84% compared to the 5-day average.

Overall, the increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for PB Fintech, underscoring its position within the large-cap market.
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