Mankind Pharma Sees Surge in Open Interest Amid Ongoing Stock Decline

Jul 01 2025 12:00 PM IST
share
Share Via
Mankind Pharma Ltd has reported a notable rise in open interest, reaching 7,794 contracts, alongside a trading volume of 7,237 contracts, indicating active market engagement. However, the stock has underperformed, experiencing consecutive losses and trading below key moving averages, highlighting ongoing market challenges.
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 7,794 contracts, reflecting a rise of 1,437 contracts or 22.61% from the previous open interest of 6,357. This surge coincides with a trading volume of 7,237 contracts, indicating active participation in the derivatives market.

Despite this uptick in open interest, Mankind Pharma's stock has underperformed relative to its sector, showing a decline of 1.92% today. Over the past two days, the stock has faced consecutive losses, with a total drop of 3.15%. The stock reached an intraday low of Rs 2,258, marking a decrease of 2.66% during the trading session.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 162,000 shares on June 30, although this represents a decline of 10.31% compared to the five-day average. Mankind Pharma is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

In summary, while Mankind Pharma has seen a notable increase in open interest, the stock's recent performance reflects broader challenges within the market.
{{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