Mankind Pharma Sees Significant Surge in Open Interest Amid Increased Trading Activity

Jul 11 2025 11:00 AM IST
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Mankind Pharma Ltd has seen a substantial rise in open interest, reaching 15,209 contracts, alongside a trading volume of 62,594 contracts. The stock has outperformed its sector and is trading above multiple moving averages, indicating strong momentum. Delivery volume also increased significantly, reflecting robust market activity.
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 15,209 contracts, marking a notable rise of 4,942 contracts or 48.13% from the previous open interest of 10,267. This surge in open interest coincides with a trading volume of 62,594 contracts, indicating heightened activity in the stock.

In terms of price performance, Mankind Pharma has outperformed its sector by 2.96%, with the stock gaining 9.43% over the last four days. Today, it reached an intraday high of Rs 2,678, reflecting a 5.27% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Additionally, the delivery volume has seen a significant uptick, with 5.64 lakh shares delivered on July 10, representing a 60% increase compared to the 5-day average. With a market capitalization of Rs 1,08,300.02 crore, Mankind Pharma continues to demonstrate robust liquidity, making it a notable entity in the market. Overall, the increase in open interest and positive price movements highlight the stock's current momentum within the industry.
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