Maruti Suzuki shines on production update

Blog | F&O

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⭐Maruti shines on production update

₹8,770 ▲71 (+0.8%)

Shares of Maruti Suzuki bucked the market trend on Wednesday and its futures contract witnessed 94% rollover. The price of the February futures contract rose by 0.8% and its open interest increased by 12%. This came after the company's executive director, Shashank Srivastava, said that the company was back to 95% production despite price pressure.


⭐Indus Towers falls

₹158 12 (-7.1%)

Indus Towers plunged more than 7% on Wednesday, and the OI of the OTM put option contracts of 155, and 150 strikes surged between 90% to 241%. This comes after the company reported a net loss of ₹708 crore in its December quarter results.


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