Biocon Ltd. Sees Significant Open Interest Surge Amidst Increased Trading Activity

Jul 16 2025 11:00 AM IST
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Biocon Ltd. has seen a notable rise in open interest, reaching 33,679 contracts, alongside a trading volume of 44,806 contracts. The stock achieved a new 52-week high of Rs. 405.9, reflecting strong market activity and consistent upward momentum, with significant gains over recent days.
Biocon Ltd., a prominent player in the Pharmaceuticals & Biotechnology sector, has experienced a significant increase in open interest today. The latest open interest stands at 33,679 contracts, reflecting a rise of 5,343 contracts or 18.86% from the previous open interest of 28,336. This uptick in open interest coincides with a trading volume of 44,806 contracts, indicating heightened activity in the stock.

In terms of price performance, Biocon reached a new 52-week high of Rs. 405.9 today, marking a 3.96% increase during intraday trading. The stock has shown consistent upward momentum, gaining 6.26% over the past four days and outperforming its sector by 1.49%. Additionally, Biocon opened with a gain of 2.32% today, further solidifying its positive trajectory.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend. With a market capitalization of Rs 52,930.39 crore, Biocon remains a liquid option for traders, with a delivery volume that has surged by 104.7% compared to the 5-day average. Overall, the notable increase in open interest and robust trading metrics highlight Biocon's active market presence today.
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