Pidilite Industries Sees Significant Surge in Open Interest, Indicating Market Dynamics Shift
Pidilite Industries Ltd has seen a significant rise in open interest, reaching 25,447 contracts, alongside a trading volume of 7,429 contracts. The company maintains a strong market position, trading above key moving averages, despite a slight decline in price and a decrease in delivery volume compared to recent averages.
Pidilite Industries Ltd, a prominent player in the FMCG sector, has experienced a notable increase in open interest today. The latest open interest stands at 25,447 contracts, reflecting a rise of 2,427 contracts or 10.54% from the previous open interest of 23,020. The trading volume for the day reached 7,429 contracts, contributing to a futures value of approximately Rs 33,108.05 lakhs.In terms of price performance, Pidilite Industries has outperformed its sector by 1.47%, although it has recorded a slight decline of 0.14% over the last day. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market. However, it is worth noting that delivery volume has decreased by 12.56% compared to the 5-day average, with a total delivery volume of 1.23 lakhs on April 23.
With a market capitalization of Rs 1,55,666.86 crore, Pidilite Industries continues to maintain a liquid trading environment, suitable for transactions around Rs 1.23 crore. Overall, the increase in open interest highlights a significant shift in market dynamics for the company.
{{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
