Surge in Open Interest for Max Healthcare Signals Shift in Trading Dynamics Amid Declining Performance
Max Healthcare Institute Ltd has seen a notable rise in open interest, reaching 33,707, alongside a trading volume of 16,629. Despite this activity, the stock has underperformed its sector and experienced a decline over the past four days, indicating reduced investor participation and shifting trading dynamics.
Max Healthcare Institute Ltd (symbol: MAXHEALTH) has experienced a significant increase in open interest today, reflecting notable activity in the stock's trading environment. The latest open interest stands at 33,707, marking an increase of 5,173 from the previous open interest of 28,534, which translates to an 18.13% change. The trading volume for the day reached 16,629, contributing to a total futures value of approximately Rs 55,761.58 lakhs and an options value of Rs 4,499,295.23 lakhs, culminating in a total value of Rs 56,381.11 lakhs.In terms of price performance, Max Healthcare has underperformed its sector by 2.16%, with the stock recording a 1D return of -1.59%. Over the past four days, the stock has seen a consecutive decline, totaling a drop of 4.35%. The intraday low was noted at Rs 1,125.10, reflecting a decrease of 2.08%. While the stock's moving averages indicate it is above the 50-day, 100-day, and 200-day averages, it remains below the 5-day and 20-day averages. Additionally, delivery volume has decreased by 4.59% compared to the 5-day average, suggesting a decline in investor participation.
In summary, the increase in open interest for Max Healthcare Institute highlights a shift in trading dynamics, amidst a backdrop of declining stock performance and reduced investor engagement.
{{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
