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

Apr 23 2025 12:00 PM IST
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Mphasis Ltd. has seen a notable rise in open interest, reaching 35,009 contracts, alongside a trading volume of 36,913 contracts today. The stock has outperformed its sector and achieved a total return of 10.64% over four consecutive days, despite a decline in delivery volume compared to the five-day average.
Mphasis Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 35,009 contracts, up from the previous 31,643, marking a change of 3,366 contracts or a 10.64% increase. The trading volume for the day reached 36,913 contracts, contributing to a futures value of approximately Rs 96,780 lakhs.

In terms of price performance, Mphasis has outperformed its sector by 0.81%, with the stock gaining for four consecutive days and achieving a total return of 10.64% during this period. Today, the stock opened with a gain of 2.38% and reached an intraday high of Rs 2,523.90, reflecting a 5.08% increase.

Despite this positive momentum, the stock's delivery volume has seen a decline of 2.71% compared to the five-day average, indicating a potential decrease in investor participation. Mphasis remains liquid enough for trading, with a market capitalization of Rs 47,690.10 crore in the IT - Software sector, which itself has gained 3.8% today. Overall, the notable rise in open interest highlights a dynamic trading environment for Mphasis Ltd.
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