Glenmark Pharmaceuticals Sees Surge in Open Interest Amidst Increased Trading Activity

Jun 30 2025 01:00 PM IST
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Glenmark Pharmaceuticals Ltd. has seen a notable rise in open interest, reaching 42,427 contracts, alongside a trading volume of 21,296 contracts. The stock is currently priced at Rs 1,753, nearing its 52-week high, and demonstrates strong performance relative to its sector, indicating robust market engagement.
Glenmark Pharmaceuticals Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 42,427 contracts, marking a rise of 6,045 contracts or 16.62% from the previous open interest of 36,382. This surge in open interest coincides with a trading volume of 21,296 contracts, indicating robust market engagement.

In terms of price performance, Glenmark Pharmaceuticals is currently trading at Rs 1,753, just 4.51% away from its 52-week high of Rs 1,830.95. The stock has outperformed its sector by 1.91% today, with a notable intraday high of Rs 1,758, reflecting a 2.73% increase. Additionally, Glenmark is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory.

The stock's liquidity remains favorable, with a delivery volume of 8.15 lakh shares on June 27, which is 24.65% higher than the 5-day average delivery volume. Overall, the increase in open interest and solid trading metrics highlight Glenmark Pharmaceuticals' active market presence today.
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