Mazagon Dock Shipbuilders Ltd Sees 3,120 Active Call Contracts at Rs 3,300 Strike

Mazagon Dock Shipbuilders Ltd, a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today. The company's underlying asset, MAZDOCK, has seen significant trading activity, with 3,120 call contracts exchanged, resulting in a turnover of approximately Rs 863.15 lakhs. The options, set to expire on July 31, 2025, have a strike price of Rs 3,300, and the current underlying value stands at Rs 3,316.
In terms of performance, Mazagon Dock has outperformed its sector by 0.64% today, marking a notable 2.15% increase in its stock price. Over the past three days, the stock has shown a consistent upward trend, accumulating a total return of 5.71%. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish momentum.

However, it is worth noting a decline in investor participation, with delivery volume dropping by 25.06% compared to the 5-day average. Despite this, the stock remains liquid, accommodating trade sizes of up to Rs 18.47 crores based on 2% of the 5-day average traded value. Overall, Mazagon Dock's recent performance reflects a robust position within its industry, underscoring its active status in today's market.