Mankind Pharma Sees Significant Open Interest Surge Amid Increased Trading Activity

Jul 02 2025 03:00 PM IST
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Mankind Pharma Ltd has seen a notable rise in open interest, reaching 9,311 contracts, alongside a trading volume of 39,894 contracts. The stock has outperformed its sector and experienced a significant increase in delivery volume, indicating heightened trading activity and robust liquidity in the market.
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 9,311 contracts, reflecting a rise of 1,222 contracts or 15.11% from the previous open interest of 8,089. This uptick in open interest coincides with a trading volume of 39,894 contracts, indicating heightened activity in the stock.

In terms of price performance, Mankind Pharma has outperformed its sector by 4.28%, recovering from two consecutive days of decline. The stock reached an intraday high of Rs 2,417, marking a gain of 5.68% for the day. Currently, the stock is trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Additionally, the stock has seen a notable increase in delivery volume, which surged by 568.91% compared to the 5-day average, reaching 12.43 lakh shares. With a market capitalization of Rs 94,957 crore, Mankind Pharma continues to demonstrate robust liquidity, suitable for trades around Rs 2.55 crore. Overall, the increase in open interest and trading activity highlights a dynamic trading environment for Mankind Pharma.
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