Colgate-Palmolive (India) Ltd Sees 15,973 Call Contracts Surge at Rs 2,500 Strike

Colgate-Palmolive (India) Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, operating within the FMCG sector, has seen significant trading activity in its call options, with 15,973 contracts traded for a strike price of Rs 2,500, resulting in a turnover of approximately Rs 1,926 million. The underlying value of the stock is currently at Rs 2,460.
Despite this activity, Colgate-Palmolive's stock has underperformed its sector by 1.09%, with a 1D return of -1.82%. The stock reached an intraday low of Rs 2,412.3, reflecting a decrease of 2.12% during the trading session. In terms of moving averages, the stock is performing better than its 5-day, 20-day, and 50-day averages but remains below its 100-day and 200-day averages.

Investor participation has notably increased, with a delivery volume of 149,300 shares on September 4, marking a substantial rise of 277.75% compared to the 5-day average. The liquidity of the stock remains robust, accommodating trade sizes of Rs 6.34 crore based on 2% of the 5-day average traded value.

In summary, while Colgate-Palmolive (India) Ltd has seen heightened activity in its options market, the stock's performance metrics indicate a challenging day relative to its sector and broader market indices.