Surge in Open Interest Signals Increased Activity for Tube Investments Stock

Apr 21 2025 03:01 PM IST
share
Share Via
Tube Investments of India Ltd has seen a notable increase in open interest, reaching 24,187 contracts, alongside a trading volume of 23,352 contracts. The stock has outperformed its sector, recovering from previous declines, and has experienced a significant rise in delivery volume, indicating heightened market activity.
Tube Investments of India Ltd (TIINDIA), a prominent player in the engineering sector, has experienced a significant increase in open interest today. The latest open interest stands at 24,187 contracts, reflecting a rise of 4,389 contracts or 22.17% from the previous open interest of 19,798. This surge in open interest coincides with a trading volume of 23,352 contracts, indicating heightened activity in the derivatives market.

In terms of price performance, Tube Investments has outperformed its sector by 3.11%, recovering after two consecutive days of decline. The stock reached an intraday high of Rs 2,595, marking a gain of 3.97% for the day. The weighted average price suggests that more volume was traded closer to the lower end of the price range, while the stock's moving averages indicate it is currently above the 5-day average but below the 20-day, 50-day, 100-day, and 200-day averages.

Additionally, the stock has seen a notable increase in delivery volume, with 5.22 lakh shares delivered on April 17, up 49.44% compared to the 5-day average. With a market capitalization of Rs 50,111.05 crore, Tube Investments of India remains a liquid option for trades of up to Rs 2.23 crore. Overall, the notable rise in open interest and trading activity underscores a dynamic day for the stock.
{{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