Colgate-Palmolive Sees Significant Open Interest Surge Amid Mixed Trading Activity

Apr 21 2025 01:00 PM IST
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Colgate-Palmolive (India) Ltd has seen a significant rise in open interest, reaching 49,161 contracts, alongside a trading volume of 25,578 contracts. Despite a slight decline in stock price, the company has outperformed its sector and remains above several moving averages, indicating active trading dynamics.
Colgate-Palmolive (India) Ltd, a prominent player in the FMCG sector, has experienced a notable increase in open interest today. The latest open interest stands at 49,161 contracts, reflecting a rise of 5,359 contracts or 12.23% from the previous open interest of 43,802. The trading volume for the day reached 25,578 contracts, contributing to a futures value of approximately Rs 74,198.80 lakhs and an options value of around Rs 4,108.85 crore, bringing the total value to Rs 74,662.95 lakhs. The underlying value of the stock is reported at Rs 2,562.

In terms of performance, Colgate-Palmolive has outperformed its sector by 0.42%, although it has seen a slight decline of 0.46% in its stock price today, following three consecutive days of gains. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, yet remains below its 100-day and 200-day moving averages. Notably, delivery volume has decreased by 25.73% compared to the 5-day average, indicating a decline in investor participation.

Overall, the increase in open interest alongside the recent price movements highlights the dynamic nature of Colgate-Palmolive's trading activity in the current market environment.
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