Godrej Properties Ltd Sees 9,978 Call Contracts Trade at Rs 2,400 Strike Price

Godrej Properties Ltd, a prominent player in the realty sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The company’s underlying stock, GODREJPROP, has seen notable activity with a total of 9,978 call contracts traded, generating a turnover of approximately Rs 1,647.42 lakhs. The options, set to expire on June 26, 2025, have a strike price of Rs 2,400, while the underlying value currently stands at Rs 2,434.
In terms of performance, Godrej Properties has outperformed its sector by 0.75%, marking a consecutive gain over the past two days with a total return of 4.86%. The stock reached an intraday high of Rs 2,402.90, reflecting a 3.93% increase. Additionally, the stock's weighted average price indicates that more volume was traded closer to its lower price point.

The liquidity of Godrej Properties remains robust, with a delivery volume of 666,000 shares on June 5, which is a 24.19% increase compared to the five-day average. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Overall, Godrej Properties continues to demonstrate strong market activity and performance metrics within the real estate sector.