Nestle India Ltd's Rs 1300 Calls Surge with 10,175 Contracts Traded Today

Nestle India Ltd has emerged as one of the most active stocks today, particularly in the options market. The company, a prominent player in the FMCG sector, saw significant trading activity with 10,175 call contracts exchanged, reflecting a turnover of approximately Rs 966.12 lakhs. The options have an expiry date set for October 28, 2025, with a strike price of Rs 1,300. The underlying value of Nestle India is currently at Rs 1,293.00, indicating a robust market position.
Today, Nestle India reached a new 52-week high of Rs 1,311.6, marking a 2.74% increase during the trading session. The stock has outperformed its sector by 0.7% and has shown a consistent upward trend, gaining 9.83% over the past three days. Notably, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting strong momentum.

Investor participation has also risen, with a delivery volume of 28.07 lakhs on October 16, reflecting a 272.38% increase compared to the 5-day average. With an open interest of 3,254 contracts, Nestle India demonstrates sufficient liquidity for trades, with a market cap of Rs 2,46,159.00 crore. Overall, the activity surrounding Nestle India underscores its strong performance and position within the FMCG industry.