Pidilite Industries Sees Significant Surge in Open Interest Amid Active Market Participation

Apr 22 2025 01:00 PM IST
share
Share Via
Pidilite Industries Ltd has seen a notable rise in open interest, reaching 24,530 contracts, alongside a trading volume of 9,060 contracts, indicating active market engagement. Despite a slight underperformance in stock return relative to its sector, the company maintains a strong market capitalization and positive short to medium-term trends.
Pidilite Industries Ltd (symbol: PIDILITIND), a prominent player in the FMCG sector, has experienced a significant increase in open interest today. The latest open interest stands at 24,530 contracts, reflecting a rise of 2,679 contracts or 12.26% from the previous open interest of 21,851. This uptick in open interest comes alongside a trading volume of 9,060 contracts, indicating active market participation.

In terms of price performance, Pidilite Industries has underperformed its sector by 0.9% today, with a stock return of 0.64%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in the short to medium term. However, it is noteworthy that delivery volume has decreased by 15.85% compared to the 5-day average, indicating a decline in investor participation.

With a market capitalization of Rs 1,54,558.01 crore, Pidilite Industries remains a significant entity in the FMCG industry. The increase in open interest highlights a notable shift in market dynamics, reflecting changing investor sentiment. Overall, the developments surrounding Pidilite Industries today underscore the evolving landscape of its trading activity.
{{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