P I Industries Ltd has emerged as one of the most active stock puts today amid notable market activity.

P I Industries Ltd, a prominent player in the Pesticides & Agrochemicals sector, has emerged as one of the most active stocks in the options market today, particularly in put options. The company’s underlying stock, PIIND, is currently valued at Rs 3269.25. Notably, there were 4,617 put contracts traded with a premium turnover of approximately Rs 17.55 crores, indicating significant activity in this segment. The put options have a strike price of Rs 3000 and are set to expire on March 27, 2025, with an open interest of 698 contracts.
In terms of price performance, P I Industries has underperformed its sector by 1.94%, following a trend reversal after three consecutive days of gains. The stock reached an intraday low of Rs 3044.7, reflecting a decline of 6.48%. The weighted average price suggests that more volume was traded closer to this low price. While the stock remains above its 5-day moving averages, it is trading below its 20, 50, 100, and 200-day moving averages, indicating mixed momentum.

Investor participation has seen a decline, with delivery volume dropping by 12.44% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades around Rs 2.13 crores, with a one-day return of -1.24%. Overall, P I Industries Ltd continues to be a focal point in the market, reflecting the dynamics of investor activity and market conditions.