Surge in Open Interest Signals Shift in Market Dynamics for Pidilite Industries

May 27 2025 01:00 PM IST
share
Share Via
Pidilite Industries Ltd has seen a notable rise in open interest, reaching 28,120 contracts, alongside a trading volume of 11,139 contracts, indicating active market participation. Despite a recent price decline, the stock remains above several moving averages, reflecting a complex market environment for the company.
Pidilite Industries Ltd, a prominent player in the specialty chemicals sector, has experienced a significant increase in open interest today. The latest open interest stands at 28,120 contracts, reflecting a rise of 2,788 contracts or 11.01% from the previous open interest of 25,332. This uptick in open interest comes alongside a trading volume of 11,139 contracts, indicating active participation in the derivatives market.

In terms of price performance, Pidilite Industries has underperformed its sector by 0.35%, with a one-day return of -0.62%. The stock has seen a trend reversal, falling after three consecutive days of gains. Currently, it is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, yet remains below its 20-day moving average. Additionally, the stock has witnessed a decline in delivery volume, which has dropped by 58.14% compared to the 5-day average, with a delivery volume of 81.09k on May 26.

With a market capitalization of Rs 1,53,937.46 crore, Pidilite Industries continues to maintain a liquid trading environment, suitable for transactions up to Rs 1.74 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for Pidilite Industries.
{{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