Pidilite Industries Sees Surge in Open Interest Amid Increased Trading Activity

Apr 23 2025 12:00 PM IST
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Pidilite Industries Ltd has seen a notable rise in open interest, reaching 25,126 contracts, indicating increased trading activity. The stock's trading volume for the day was 6,576 contracts, with a market capitalization of Rs 1,54,761.47 crore, reflecting its strong position in the FMCG sector.
Pidilite Industries Ltd (symbol: PIDILITIND), a prominent player in the FMCG sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 25,126 contracts, up from the previous figure of 22,658, marking a change of 2,468 contracts or a 10.89% increase. The trading volume for the day reached 6,576 contracts, contributing to a total futures value of approximately Rs 32,314.30 lakhs and an options value of around Rs 1,799,696.05 lakhs.

In terms of price performance, Pidilite Industries has shown resilience, gaining 0.72% over the last two days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is noteworthy that delivery volume has decreased by 24.59% compared to the 5-day average, with a total of 1.08 lakh shares delivered on April 22.

With a market capitalization of Rs 1,54,761.47 crore, Pidilite Industries continues to maintain a solid position in the FMCG industry. The recent surge in open interest highlights the stock's active trading environment, underscoring its current market dynamics.
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