Mazagon Dock Shipbuilders Ltd Sees Surge in Active Call Options with 4,020 Contracts at Rs 3,500

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, particularly in call options with expiry set for June 26, 2025. Notably, 4,020 contracts were traded at a strike price of Rs 3,500, generating a turnover of approximately Rs 1,329.17 lakhs, while another 3,483 contracts were traded at a strike price of Rs 3,600, contributing Rs 899.84 lakhs to the turnover. The open interest for these options stands at 1,842 and 1,792, respectively.
In terms of performance, MAZDOCK has underperformed its sector by 3.38% today, despite a two-day consecutive gain of 4.65%. The stock reached an intraday high of Rs 3,548.70, reflecting a 3.2% increase. While it remains above the 20, 50, 100, and 200-day moving averages, it is currently below the 5-day moving average. The shipbuilding sector overall has gained 4.78%, although Mazagon Dock has experienced a decline in delivery volume, which has fallen by 49.68% compared to the five-day average.

With a market capitalization of Rs 1,41,852.61 crore, Mazagon Dock continues to be a significant entity in its industry, showcasing notable trading activity and performance metrics today.