Fortis Healthcare Sees Surge in Open Interest Amid Increased Trading Activity

Jun 04 2025 03:00 PM IST
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Fortis Healthcare Ltd has seen a notable rise in open interest, reaching 4,725 contracts, alongside a trading volume of 6,830 contracts. The stock achieved a new all-time high of Rs 744.95, outperforming its sector and indicating strong liquidity and positive trading momentum.
Fortis Healthcare Ltd, a prominent player in the hospital industry, has experienced a significant increase in open interest today, signaling heightened trading activity. The latest open interest stands at 4,725 contracts, up from the previous 3,412 contracts, marking a change of 1,313 contracts or a 38.48% increase. The trading volume for the day reached 6,830 contracts, contributing to a total futures value of approximately Rs 8,214.36 lakhs.

In terms of price performance, Fortis Healthcare hit a new 52-week and all-time high of Rs 744.95 today, reflecting a 2.1% increase during the trading session. The stock has outperformed its sector by 0.92% and has shown consistent gains over the past three days, accumulating a total return of 4.54%. Additionally, Fortis is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

With a market capitalization of Rs 55,753.66 crore, Fortis Healthcare continues to demonstrate robust liquidity, with a delivery volume of 12.93 lakh shares on June 3, reflecting an 11.14% increase compared to the 5-day average. This surge in open interest and positive price movements underscores the stock's active trading environment.
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