Surge in Open Interest for Marico Ltd. Signals Increased Trading Activity Amid Price Declines
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.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
