Fortis Healthcare Sees 13.88% Surge in Open Interest Amid Price Declines
Fortis Healthcare Ltd has seen a notable increase in open interest, reaching 24,315 contracts, alongside a trading volume of 22,506 contracts, indicating heightened derivatives market activity. Despite a recent decline in stock price, the company's liquidity remains strong, with a significant rise in delivery volume.
Fortis Healthcare Ltd, a prominent player in the hospital industry, has experienced a significant increase in open interest today. The latest open interest stands at 24,315 contracts, reflecting a rise of 2,963 contracts or 13.88% from the previous open interest of 21,352. This uptick in open interest coincides with a trading volume of 22,506 contracts, indicating heightened activity in the derivatives market.In terms of price performance, Fortis Healthcare has faced challenges recently, with the stock recording a decline of 1.15% today, following a two-day losing streak that has resulted in a total drop of 5.65%. Despite this downturn, the stock's performance remains aligned with sector trends, which saw a 1.19% decline today, while the broader Sensex fell by 0.54%.
The stock's liquidity appears robust, with a delivery volume of 27.9 lakh shares on October 23, marking a substantial increase of 203.08% compared to the five-day average. Additionally, Fortis Healthcare's market capitalization is approximately Rs 78,319.36 crore, categorizing it as a mid-cap stock. Overall, the notable rise in open interest suggests a shift in market dynamics, warranting attention from market participants.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
