Mphasis Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Apr 25 2025 12:00 PM IST
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Mphasis Ltd. has seen a notable rise in open interest, reaching 24,365 contracts, indicating increased trading activity. The day's trading volume hit 27,932 contracts, with a total futures value of approximately Rs 48,859.47 lakhs. Despite a drop in delivery volume, the company maintains strong liquidity and market capitalization.
Mphasis Ltd., a prominent player in the IT software industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 24,365 contracts, marking a rise of 2,342 contracts or 10.63% from the previous open interest of 22,023. The trading volume for the day reached 27,932 contracts, contributing to a total futures value of approximately Rs 48,859.47 lakhs.

In terms of price performance, Mphasis outperformed its sector by 2.96%, with the stock reaching an intraday high of Rs 2,547.80, reflecting a gain of 3.23%. The weighted average price indicates that more volume was traded closer to the lower end of the price range. While the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages.

Despite a decline in delivery volume, which fell by 14.29% against the 5-day average, Mphasis maintains sufficient liquidity for trades, with a market cap of Rs 48,564.45 crore. This notable activity in open interest underscores the dynamic trading environment surrounding Mphasis Ltd.
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