Marico Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Apr 11 2025 02:00 PM IST
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Marico Ltd., a key player in the FMCG sector, has seen a notable rise in open interest and trading volume, indicating increased market activity. The stock is nearing its 52-week high and has outperformed its sector, demonstrating strong liquidity and resilience in recent trading sessions.
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 29,363 contracts, marking a rise of 3,569 contracts or 13.84% from the previous open interest of 25,794. The trading volume for the day reached 22,857 contracts, contributing to a total futures value of approximately Rs 31,876.65 lakhs.

In terms of price performance, Marico is currently trading close to its 52-week high, just 3.91% away from Rs 736.9. The stock has shown resilience, outperforming its sector by 1.79% today and achieving a consecutive gain over the last three days, with a total return of 7.02% during this period. The intraday high reached Rs 710.3, reflecting a 2.43% increase.

Marico's trading metrics indicate it is performing well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a notable rise in delivery volume, which increased by 28.57% compared to the 5-day average. With a market capitalization of Rs 91,928.51 crore, Marico continues to demonstrate strong liquidity, making it a significant entity in the FMCG landscape.
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