Max Healthcare Sees Surge in Open Interest Amid Increased Trading Activity

Mar 20 2025 03:00 PM IST
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Max Healthcare Institute Ltd has seen a notable rise in open interest, reaching 29,462 contracts, alongside a trading volume of 46,448 contracts. The stock has outperformed its sector and demonstrated strong technical performance, trading above key moving averages, indicating increased market activity and interest in the company.
Max Healthcare Institute Ltd (symbol: MAXHEALTH) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 29,462 contracts, up from the previous figure of 25,777, marking a change of 3,685 contracts or a 14.3% increase. The trading volume for the day reached 46,448 contracts, contributing to a total futures value of approximately Rs 43,726.52 lakhs.

In terms of price performance, Max Healthcare has outperformed its sector by 2.97%, with the stock gaining 4.30% on the day. It has shown consistent upward momentum, achieving a remarkable 17.53% return over the past seven days. The stock touched an intraday high of Rs 1,135, reflecting a 4.37% increase. Additionally, Max Healthcare is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong technical performance.

With a market capitalization of Rs 1,10,260.35 crore, Max Healthcare operates within the Hospital & Healthcare Services industry. The increase in open interest, coupled with rising trading volumes, underscores the stock's active market presence. Overall, today's developments highlight a notable uptick in trading dynamics for Max Healthcare Institute.
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