Divis Laboratories Sees Surge in Open Interest Amid Strong Trading Activity

May 19 2025 10:00 AM IST
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Divis Laboratories Ltd has seen a notable rise in open interest, reaching 74,142 contracts, alongside a trading volume of 131,451 contracts. The stock achieved a new 52-week high of Rs 6,489 and has outperformed its sector, despite a decrease in delivery volume compared to recent averages.
Divis Laboratories Ltd (symbol: DIVISLAB) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 74,142 contracts, up from the previous 64,077, marking a change of 10,065 contracts or a 15.71% increase. The trading volume for the day reached 131,451 contracts, indicating robust market engagement.

In terms of price performance, Divis Laboratories hit a new 52-week high of Rs 6,489, representing a 3.34% increase during the trading session. The stock has shown consistent gains over the past two days, accumulating a total return of 4.15%. Notably, it has outperformed its sector by 2.35%, while the broader Sensex index recorded a slight decline of 0.08%.

Divis Laboratories is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is worth noting that delivery volume has decreased by 17.18% compared to the 5-day average, suggesting a potential decline in investor participation. Overall, the increase in open interest and the stock's recent performance highlight a dynamic trading environment for Divis Laboratories in the pharmaceuticals and biotechnology sector.
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