Biocon Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Jul 16 2025 12:00 PM IST
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Biocon Ltd. has seen a notable rise in open interest, reaching 34,131 contracts, alongside a trading volume of 49,099 contracts, indicating increased market activity. The stock achieved a new 52-week high of Rs 405.9 and has demonstrated consistent upward momentum, outperforming its sector.
Biocon Ltd., a prominent player in the Pharmaceuticals & Biotechnology sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 34,131 contracts, up from the previous 28,336, marking a change of 5,795 contracts or a 20.45% increase. The trading volume for the day reached 49,099 contracts, indicating robust market engagement.

In terms of price performance, Biocon hit a new 52-week high of Rs 405.9, representing a 3.96% increase during intraday trading. The stock has shown consistent upward momentum, gaining 6.71% over the past four days and outperforming its sector by 2%. It opened with a gain of 2.32% today and 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 53,117.57 crore, Biocon remains a liquid stock, with a delivery volume of 36.32 lakh shares on July 15, reflecting a 104.7% increase compared to the 5-day average. This surge in open interest and trading volume underscores the stock's active market position.
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