Surge in Open Interest Signals Increased Trading Activity for P I Industries Ltd

Apr 11 2025 11:00 AM IST
share
Share Via
P I Industries Ltd has seen a notable rise in open interest, reaching 19,742 contracts, alongside a trading volume of 29,997 contracts, indicating increased activity in the derivatives market. The stock has outperformed its sector, although investor participation has declined significantly in terms of delivery volume.
P I Industries Ltd, a prominent player in the Pesticides & Agrochemicals sector, has experienced a significant increase in open interest today. The latest open interest stands at 19,742 contracts, marking a rise of 3,590 contracts or 22.23% from the previous open interest of 16,152. This surge coincides with a trading volume of 29,997 contracts, reflecting robust activity in the derivatives market.

In terms of price performance, P I Industries has outperformed its sector by 2.77%, with the stock gaining 8.44% over the past three days. Today, it opened with a notable gain of 3.8%, reaching an intraday high of Rs 3,532.25, which represents a 7.21% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages.

Despite the positive price movements, there has been a decline in investor participation, with delivery volume dropping by 68.96% compared to the 5-day average. The liquidity remains adequate for trading, with the stock's market capitalization at Rs 53,124.10 crore. Overall, the notable increase in open interest highlights a shift in market dynamics for P I Industries, reflecting heightened trading activity in the stock.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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