P I Industries Sees Surge in Open Interest Amid Ongoing Stock Decline

Aug 14 2025 03:00 PM IST
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P I Industries Ltd has seen a notable rise in open interest, reaching 22,492 contracts, alongside a trading volume of 21,946 contracts, indicating increased market activity. However, the company's stock has declined over the past 11 days, reflecting ongoing challenges despite the uptick in derivatives interest.
P I Industries Ltd, a mid-cap player in the Pesticides & Agrochemicals sector, has experienced a significant increase in open interest today. The latest open interest stands at 22,492 contracts, reflecting a rise of 2,642 contracts or 13.31% from the previous open interest of 19,850. This uptick coincides with a trading volume of 21,946 contracts, indicating heightened activity in the derivatives market.

Despite this surge in open interest, P I Industries has underperformed its sector, with a decline of 2.43% in its stock price today, compared to a sector decline of 1.24%. The stock has been on a downward trend for the past 11 days, accumulating a total loss of 14.78% during this period. The stock reached an intraday low of Rs 3,682, which is a 2.4% decrease from the previous close.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 646,000 shares on August 13, marking a substantial increase of 519.75% against the five-day average delivery volume. Overall, while P I Industries shows increased open interest, it continues to face challenges in its stock performance.
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