Surge in Open Interest Signals Increased Market Engagement for United Spirits Ltd

Apr 23 2025 01:00 PM IST
share
Share Via
United Spirits Ltd has seen a notable rise in open interest, reaching 45,609 contracts, alongside a trading volume of 21,558 contracts. The stock is performing well above its various moving averages, with increased delivery volume and strong market capitalization, indicating active investor participation in the derivatives market.
United Spirits Ltd, a prominent player in the Breweries & Distilleries industry, has experienced a significant increase in open interest today. The latest open interest stands at 45,609 contracts, reflecting a rise of 4,872 contracts or 11.96% from the previous open interest of 40,737. This uptick in open interest coincides with a trading volume of 21,558 contracts, indicating heightened activity in the derivatives market.

In terms of financial metrics, United Spirits is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong performance relative to its recent historical trends. The stock's delivery volume reached 488,000 on April 22, marking a 28.55% increase compared to the 5-day average delivery volume, which points to rising investor participation.

With a market capitalization of Rs 1,13,219.43 crore, United Spirits maintains a solid position within the large-cap segment. The stock's liquidity remains robust, accommodating trade sizes of Rs 1.69 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a dynamic trading environment for United Spirits, reflecting ongoing market engagement.
{{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