SRF Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Apr 02 2025 03:00 PM IST
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SRF Ltd. has seen a significant rise in open interest, reaching 18,742 contracts, alongside a trading volume of 20,122 contracts, indicating strong market activity. The stock is near its 52-week high and has shown resilience, outperforming its sector while maintaining robust liquidity with a market capitalization of Rs 88,230.85 crore.
SRF Ltd., a prominent player in the diversified industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 18,742 contracts, marking a notable rise of 3,150 contracts or 20.2% from the previous open interest of 15,592. The trading volume for the day reached 20,122 contracts, indicating robust market engagement.

In terms of price performance, SRF is currently trading close to its 52-week high, just 2.85% away from Rs 3,054.9. The stock has shown resilience, gaining 3.37% today, outperforming its sector, which recorded a 1.99% increase. After two consecutive days of decline, SRF has reversed its trend, reaching an intraday high of Rs 2,974.85, a rise of 3.31%.

Additionally, SRF is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. The delivery volume has also seen a rise, with 3.77 lakh shares delivered on April 1, up 2.9% compared to the 5-day average. With a market capitalization of Rs 88,230.85 crore, SRF continues to demonstrate solid liquidity, making it a notable entity in the market landscape.
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