P I Industries Ltd Sees Surge in Call Options: 10,472 Contracts at Rs 4000 Strike

P I Industries Ltd, a prominent player in the Pesticides & Agrochemicals sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its call options. The stock, which has a market capitalization of Rs 60,664.49 crore, is currently trading at an underlying value of Rs 4000.
Today, the company saw notable activity in its call options with two key strike prices. For the strike price of Rs 3900, 6,935 contracts were traded, resulting in a turnover of approximately Rs 1,243.83 lakh, while the Rs 4000 strike price witnessed 10,472 contracts traded, generating a turnover of around Rs 1,409.67 lakh. The open interest for these options stands at 572 and 1,722 contracts, respectively.

In terms of performance metrics, P I Industries outperformed its sector by 2.88%, with a day's return of 4.89%. The stock reached an intraday high of Rs 3998, marking a 4.88% increase. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is worth noting that delivery volume has decreased significantly, falling by 50.97% compared to the 5-day average.

Overall, P I Industries Ltd continues to demonstrate robust activity and performance within the agrochemical sector, highlighting its market position and trading dynamics.