Aurobindo Pharma Sees Surge in Open Interest Amid Increased Trading Activity

Apr 03 2025 02:00 PM IST
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Aurobindo Pharma Ltd. has seen a significant rise in open interest, reaching 44,346 contracts, alongside a trading volume of 99,412 contracts. The stock opened with a gain and has shown consecutive increases over two days, reflecting strong market participation and liquidity in the Pharmaceuticals & Drugs sector.
Aurobindo Pharma Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 44,346 contracts, a notable rise from the previous open interest of 33,224 contracts, marking a change of 11,122 contracts or 33.48%. The trading volume for the day reached 99,412 contracts, indicating robust participation in the market.

In terms of price performance, Aurobindo Pharma opened with a gain of 6.15% and has shown a consecutive gain over the last two days, accumulating a total return of 4.28% during this period. The stock reached an intraday high of Rs 1,267.3, reflecting a 9.45% increase at its peak. The weighted average price suggests that more volume was traded closer to the lower price levels.

Aurobindo Pharma operates within the Pharmaceuticals & Drugs sector, which has seen a gain of 2.18% today. The stock's liquidity remains strong, with a delivery volume of 6.05 lakh shares on April 2, up 33.68% compared to the five-day average. Overall, the increase in open interest and trading volume highlights a notable shift in market dynamics for Aurobindo Pharma.
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