Laurus Labs Sees Significant Open Interest Surge Amid Strong Trading Activity

Jul 09 2025 03:00 PM IST
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Laurus Labs Ltd has seen a notable rise in open interest, reaching 30,861 contracts, alongside a trading volume of 28,740 contracts. The stock achieved a new all-time high of Rs 797.8 and has shown strong momentum, outperforming its sector over the past two weeks.
Laurus Labs Ltd, a prominent player in the Pharmaceuticals & Biotechnology sector, has experienced a significant increase in open interest today. The latest open interest stands at 30,861 contracts, reflecting a rise of 3,143 contracts or 11.34% from the previous open interest of 27,718. The trading volume for the day reached 28,740 contracts, indicating robust activity in the derivatives market.

In terms of price performance, Laurus Labs hit a new 52-week and all-time high of Rs 797.8, marking a 2.51% increase during the trading session. The stock has shown impressive momentum, gaining 22.95% over the last 14 consecutive days, outperforming its sector by 2.02%. Currently, Laurus Labs is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Despite a notable drop in delivery volume, which fell by 55.45% compared to the 5-day average, the stock remains liquid enough for trades sized at Rs 3.95 crore, based on 2% of the 5-day average traded value. Overall, the surge in open interest and the stock's recent performance highlight a dynamic trading environment for Laurus Labs.
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