P I Industries Sees 11.8% Surge in Open Interest to 18,734 Contracts

P I Industries Ltd, a prominent player in the Pesticides & Agrochemicals sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 18,734 contracts, up from the previous 16,756, marking a change of 1,978 contracts or an 11.8% increase. This surge in open interest coincides with a trading volume of 9,672 contracts, indicating robust market engagement.
In terms of performance, P I Industries has outperformed its sector by 0.85%, with a 1.10% return on the day. The stock has shown consistent gains over the past two days, accumulating a total return of 1.5% during this period. Notably, the stock's price is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Investor participation has also risen, with a delivery volume of 91,420 shares on October 23, reflecting a 50.62% increase compared to the 5-day average. The liquidity of the stock remains favorable, supporting trade sizes of approximately Rs 0.86 crore. Overall, the notable increase in open interest and positive trading metrics highlight P I Industries' active market presence today.