Apollo Hospitals Sees 10.96% Surge in Open Interest to 39,152 Contracts

Apollo Hospitals Enterprise Ltd. has experienced a notable increase in open interest today, with the latest open interest (OI) recorded at 39,152, up from the previous OI of 35,286. This represents a change of 3,866, or a percentage increase of 10.96%. The trading volume for the stock reached 61,625, indicating active participation in the market. In terms of price performance, Apollo Hospitals has underperformed its sector by 0.77%, with a stock price decline of 1.54% on the day. The stock has been on a downward trend, losing value for three consecutive days, with a total decline of 1.97% during this period. The intraday low was noted at Rs 7,625.5, reflecting a decrease of 2.01% from the previous close. Despite these challenges, the stock remains liquid, with a delivery volume of 2.6 lakh shares on November 6, which is an 8.2% increase compared to the five-day average delivery volume. The market capitalization of Apollo Hospitals stands at Rs 1,10,354 crore, categorizing it as a large-cap company. Overall, the increase in open interest amid fluctuating prices highlights the dynamic trading environment surrounding Apollo Hospitals.