Mazagon Dock Shipbuilders Sees Surge in Active Call Options with 8,494 Contracts at Rs 3,300

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 stock, MAZDOCK, has seen significant trading activity, with 8,494 call contracts traded at a strike price of Rs 3,300, resulting in a turnover of Rs 1,902.37 lakhs. The open interest stands at 2,120 contracts, indicating a robust interest in this option.
Today, MAZDOCK outperformed its sector by 0.97%, continuing a positive trend with a consecutive gain over the last two days, yielding a total return of 3.84%. The stock opened with a notable gap up of 2.08% and reached an intraday high of Rs 3,289, reflecting a 3.62% increase.

In terms of moving averages, MAZDOCK is currently above its 5-day, 50-day, 100-day, and 200-day averages, although it remains below the 20-day moving average. The stock's liquidity is also noteworthy, with a delivery volume of 17.02 lakhs on June 27, marking a significant rise of 181.49% compared to the 5-day average.

With a market capitalization of Rs 1,30,562.00 crore, Mazagon Dock Shipbuilders continues to demonstrate strong performance metrics, solidifying its position in the market.