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

Apr 11 2025 03:00 PM IST
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Marico Ltd. has seen a notable increase in open interest, reaching 30,146 contracts, alongside a trading volume of 27,966 contracts, indicating strong market activity. The stock is near its 52-week high and has outperformed its sector, reflecting robust trading metrics and favorable liquidity conditions.
Marico Ltd., a prominent player in the FMCG sector, has recently experienced a significant increase in open interest (OI), reflecting heightened trading activity. The latest OI stands at 30,146 contracts, marking a rise of 4,352 contracts or 16.87% from the previous OI of 25,794. The trading volume for the day reached 27,966 contracts, indicating robust market engagement.

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 strong momentum, outperforming its sector by 1.96% and achieving a 2.35% return on the day. Over the past three days, Marico has gained 7.02%, with an intraday high of Rs 710.55, reflecting a 2.47% increase.

Additionally, Marico's trading metrics indicate it is performing well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity remains favorable, with a delivery volume of 21.83 lakh shares on April 9, up 28.57% compared to the 5-day average. Overall, the notable rise in open interest and strong trading performance underscores Marico's active presence in the market.
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