Adani Enterprises Sees Surge in Active Call Options with 12,119 Contracts Traded

Adani Enterprises Ltd, a prominent player in the diversified industry, has emerged as one of the most active stocks today, reflecting significant trading activity. The stock, identified by the underlying symbol ADANIENT, has seen a notable surge in call options, with 12,119 contracts traded at a turnover of Rs 2,324.82 lakhs. The options have a strike price of Rs 2,700 and are set to expire on July 31, 2025, with an open interest of 4,507 contracts.
In terms of performance, Adani Enterprises has outperformed its sector by 1.08%, marking a consecutive gain over the last six days, during which it has achieved a remarkable 10.42% return. The stock reached an intraday high of Rs 2,681.6, reflecting a 3.69% increase for the day. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a decline in delivery volume, which fell by 24.54% against the 5-day average, the stock remains liquid enough for a trade size of Rs 7.21 crore, based on 2% of the 5-day average traded value. With a market capitalization of Rs 3,07,035.16 crore, Adani Enterprises continues to solidify its position in the market. Overall, today's activity underscores the stock's robust performance and market presence.