Surge in Open Interest Signals Increased Activity for Divis Laboratories Stock

Apr 02 2025 10:00 AM IST
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Divis Laboratories Ltd has seen a notable rise in open interest, reaching 30,791 contracts, alongside a trading volume of 26,428 contracts. The stock has outperformed its sector slightly and is trading above its 200-day moving average, reflecting increased investor participation and robust liquidity in the market.
Divis Laboratories Ltd, a prominent player in the Pharmaceuticals & Drugs sector, has experienced a significant increase in open interest today. The latest open interest stands at 30,791 contracts, reflecting a rise of 4,258 contracts or 16.05% from the previous open interest of 26,533. This surge in open interest coincides with a trading volume of 26,428 contracts, indicating heightened activity in the stock.

In terms of price performance, Divis Laboratories has outperformed its sector by 0.95%, marking a positive shift after two consecutive days of decline. The stock is currently trading above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages. Notably, the delivery volume on April 1 reached 197,000 shares, an increase of 10.46% compared to the 5-day average delivery volume, suggesting a rise in investor participation.

With a market capitalization of Rs 1,48,900 crore, Divis Laboratories continues to maintain a solid position within the large-cap segment. The overall liquidity remains robust, accommodating trade sizes of up to Rs 3.82 crore based on 2% of the 5-day average traded value. This notable activity in open interest and trading volume underscores the dynamic nature of Divis Laboratories in the current market landscape.
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