Mankind Pharma Sees Surge in Open Interest Amidst Market Challenges

Jul 01 2025 11:00 AM IST
share
Share Via
Mankind Pharma Ltd has seen a notable rise in open interest, reaching 7,736 contracts, alongside a trading volume of 5,609 contracts. Despite this activity, the stock has underperformed, declining over the past two days and trading below key moving averages, indicating a bearish trend and reduced investor participation.
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 7,736 contracts, marking a rise of 1,379 contracts or 21.69% from the previous open interest of 6,357. The trading volume for the day reached 5,609 contracts, contributing to a total futures value of approximately Rs 5,714.88 lakhs and an options value of Rs 2,478.36 crores.

Despite this notable activity in open interest, Mankind Pharma's stock has underperformed relative to its sector, declining by 1.94% today, compared to a sector decline of 0.63%. The stock has faced consecutive losses over the past two days, with a total drop of 2.53%. It touched an intraday low of Rs 2,272.4, reflecting a decrease of 2.04% during the trading session.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 10.31% against the 5-day average, suggesting a decline in investor participation. Overall, the increase in open interest amidst a challenging trading environment highlights the complexities of Mankind Pharma's current market position.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News