Patanjali Foods Sees Surge in Open Interest Amidst Market Challenges

May 30 2025 03:00 PM IST
share
Share Via
Patanjali Foods Ltd has seen a notable rise in open interest, reaching 29,592 contracts, alongside a trading volume of 20,027 contracts. Despite this increase, the stock has underperformed its sector and is currently trading below key moving averages, indicating a bearish trend in a challenging market environment.
Patanjali Foods Ltd, a prominent player in the edible oil industry, has experienced a significant increase in open interest today. The latest open interest stands at 29,592 contracts, reflecting a rise of 4,797 contracts or 19.35% from the previous open interest of 24,795. This surge in open interest coincides with a trading volume of 20,027 contracts, indicating heightened activity in the derivatives market.

Despite this notable uptick in open interest, Patanjali Foods has underperformed its sector, with a 1D return of -4.70%, compared to a sector return of -0.23%. The stock has seen a trend reversal, falling after four consecutive days of gains, and touched an intraday low of Rs 1,682.90, marking a decline of 4.22%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.

The liquidity of Patanjali Foods remains robust, with a delivery volume of 414,000 shares on May 29, which is 32.98% higher than the 5-day average delivery volume. Overall, the increase in open interest highlights a shift in market dynamics for Patanjali Foods, amidst a challenging trading environment.
{{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