Fortis Healthcare Sees Surge in Open Interest Amid Strong Trading Activity

Jun 04 2025 02:00 PM IST
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Fortis Healthcare Ltd has seen a notable rise in open interest, indicating increased trading activity, with current figures at 4,548 contracts. The stock reached a new all-time high of Rs 744.95 and has shown consistent gains, outperforming its sector while maintaining favorable liquidity and market capitalization.
Fortis Healthcare Ltd, a prominent player in the hospital industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 4,548 contracts, up from the previous 3,412, marking a change of 1,136 contracts or a 33.29% increase. The trading volume for the day reached 5,966 contracts, indicating robust market engagement.

In terms of price performance, Fortis Healthcare hit a new 52-week and all-time high of Rs 744.95, representing a 2.1% increase during the trading session. The stock has outperformed its sector by 0.95% and has shown consistent gains over the past three days, accumulating a total return of 4.41%. Additionally, Fortis is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

The stock's liquidity remains favorable, with a delivery volume of 12.93 lakh shares on June 3, reflecting an 11.14% increase compared to the 5-day average. With a market capitalization of Rs 55,727.24 crore, Fortis Healthcare continues to solidify its position in the healthcare sector. Overall, the notable rise in open interest and strong price performance underscores the stock's active trading environment.
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