Mankind Pharma Sees Significant Open Interest Surge Amid Active Market Participation

Jul 30 2025 03:01 PM IST
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Mankind Pharma Ltd has reported a notable rise in open interest, reaching 15,845 contracts, alongside a trading volume of 16,058 contracts, indicating active market engagement. Despite a slight decline in price performance, the stock remains above several moving averages, reflecting a dynamic trading environment.
Mankind Pharma Ltd, a prominent player in the Pharmaceuticals & Biotechnology sector, has experienced a significant increase in open interest today. The latest open interest stands at 15,845 contracts, reflecting a rise of 1,523 contracts or 10.63% from the previous open interest of 14,322. This uptick coincides with a trading volume of 16,058 contracts, indicating active participation in the market.

In terms of price performance, Mankind Pharma has underperformed its sector by 0.27%, with a slight decline of 0.02% over the last day. The stock reached an intraday high of Rs 2,609.5, marking a 2.15% increase at its peak. Notably, the stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day moving average.

Additionally, the stock has seen a rise in delivery volume, with 312,000 shares delivered on July 29, reflecting a 29.19% increase compared to the 5-day average. With a market capitalization of Rs 1,05,863 crore, Mankind Pharma continues to maintain a liquid trading environment, suitable for transactions around Rs 2.81 crore. Overall, the notable increase in open interest highlights a dynamic trading atmosphere for Mankind Pharma.
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