Surge in Open Interest Signals Increased Trading Activity for Fortis Healthcare Ltd

Jun 03 2025 12:00 PM IST
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Fortis Healthcare Ltd has seen a significant rise in open interest, reaching 3,182 contracts, alongside a trading volume of 3,143 contracts. The stock is performing well, trading near its 52-week high and showing strong upward momentum, supported by robust liquidity and increased delivery volume.
Fortis Healthcare Ltd, a prominent player in the hospital industry, has experienced a significant increase in open interest (OI) today. The latest OI stands at 3,182 contracts, marking a notable rise of 632 contracts or 24.78% from the previous OI of 2,550. This surge in OI coincides with a trading volume of 3,143 contracts, indicating heightened activity in the stock.

In terms of price performance, Fortis Healthcare is currently trading just 1.48% away from its 52-week high of Rs 744.5. The stock has shown resilience, outperforming its sector by 1.14% today and achieving a 1.59% return in the last trading session. Over the past two days, Fortis has gained 3.87%, reflecting a positive trend.

The stock reached an intraday high of Rs 739.9, representing a 2.43% increase. Additionally, Fortis Healthcare is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. With a market capitalization of Rs 55,402.60 crore, Fortis Healthcare continues to demonstrate robust liquidity, supported by a delivery volume of 17.76 lakh shares, which has surged by 95.15% compared to its 5-day average.

In summary, the notable increase in open interest alongside strong price performance underscores the active trading environment surrounding Fortis Healthcare.
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