P I Industries Sees Surge in Open Interest Amid Ongoing Stock Decline
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.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
