Sona BLW Precision Forgings Sees Surge in Open Interest Amid Increased Trading Activity

Mar 27 2025 03:00 PM IST
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Sona BLW Precision Forgings Ltd has seen a notable rise in open interest, reaching 25,513 contracts, alongside a significant increase in trading volume. The stock hit a new 52-week low and has been trading below key moving averages, indicating a bearish trend amid heightened trading activity.
Sona BLW Precision Forgings Ltd (SONACOMS) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 25,513 contracts, up from the previous 22,026, marking a change of 3,487 contracts or a 15.83% increase. The trading volume for the day reached 23,697 contracts, contributing to a total futures value of approximately Rs 47,101.89 lakhs.

In terms of price performance, Sona BLW Precision Forgings hit a new 52-week low of Rs 462, opening the day with a loss of 5.42%. The stock underperformed its sector by 6.35%, with a one-day return of -6.81%, while the broader Sensex recorded a modest gain of 0.50%. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Additionally, there has been a notable rise in delivery volume, which surged by 196.07% compared to the 5-day average, suggesting increased trading activity. Overall, the developments in open interest and trading metrics highlight a dynamic trading environment for Sona BLW Precision Forgings Ltd.
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