Patanjali Foods Sees Surge in Open Interest Amid Market Activity Shift
Patanjali Foods Ltd has seen a significant rise in open interest, reaching 55,529 contracts, alongside a trading volume of 26,108 contracts. Despite a slight decline in stock price, the increase in open interest indicates heightened market activity within the edible oil sector amid ongoing price challenges.
Patanjali Foods Ltd, a mid-cap player in the edible oil industry, has experienced a notable increase in open interest (OI) today. The latest OI stands at 55,529 contracts, reflecting a significant rise of 8,039 contracts or 16.93% from the previous OI of 47,490. This uptick in OI comes alongside a trading volume of 26,108 contracts, indicating active market engagement.In terms of price performance, Patanjali Foods has seen a decline of 0.81% today, which aligns closely with the sector's performance, as the edible oil sector recorded a 0.69% drop. The stock has been on a downward trend, losing value for the past two days, with a total return of -1.15% during this period.
Patanjali Foods' current price is positioned higher than its 50-day and 100-day moving averages, yet it remains below its 5-day, 20-day, and 200-day moving averages. Additionally, the stock's liquidity appears adequate for trading, with a delivery volume of 96.93k on August 26, which has decreased by 58.51% compared to the 5-day average.
Overall, the increase in open interest for Patanjali Foods highlights a shift in market dynamics, reflecting heightened activity amid a challenging price environment.
{{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
