Surge in Open Interest for Marico Ltd. Signals Increased Trading Activity Amid Price Declines

Apr 21 2025 03:00 PM IST
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Marico Ltd. has seen a notable rise in open interest, reaching 29,901 contracts, alongside a trading volume of 26,977 contracts today. Despite this increase, the stock has underperformed its sector and experienced consecutive losses, with a current market cap of approximately Rs 90,037.08 crore.
Marico Ltd., a prominent player in the FMCG sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 29,901 contracts, up from the previous 25,382, marking a change of 4,519 contracts or a 17.8% increase. The trading volume for the day reached 26,977 contracts, contributing to a total futures value of approximately Rs 96,379.41 lakhs.

Despite this surge in open interest, Marico's stock has underperformed its sector by 1.9%, with a decline of 2.77% in its one-day return. The stock has faced consecutive losses over the past two days, accumulating a total drop of 3.36%. During today's trading session, Marico touched an intraday low of Rs 696.2, reflecting a decrease of 2.6% from the previous close.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 17.91 lakh shares on April 17, although this represents a decline of 33.09% compared to the five-day average. Overall, Marico's current market cap is approximately Rs 90,037.08 crore, solidifying its position as a large-cap entity in the FMCG industry. The notable increase in open interest amidst recent price declines highlights the dynamic nature of trading in Marico shares.
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