Pidilite Industries Sees 5,764 Active Call Contracts at Rs 3100 Strike Price

Pidilite Industries Ltd, a prominent player in the specialty chemicals sector, has emerged as one of the most active stocks today, reflecting significant trading activity in its options market. The company’s underlying stock, PIDILITIND, has seen a notable surge, with a call option expiring on August 28, 2025, at a strike price of Rs 3100. Today, 5,764 contracts were traded, resulting in a turnover of Rs 889.24 lakhs, while the open interest stands at 1,196 contracts, indicating robust market engagement.
In terms of price performance, Pidilite Industries has outperformed its sector by 1.04%, marking a consecutive gain over the last four days with a total return of 7.63% during this period. The stock reached an intraday high of Rs 3117.9, reflecting a 2.5% increase. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Investor participation has also risen, with a delivery volume of 334,000 shares on August 5, representing a 151.79% increase compared to the 5-day average. With a market capitalization of Rs 1,56,665 crore, Pidilite Industries continues to demonstrate liquidity, supporting trades of approximately Rs 2.96 crore based on 2% of the 5-day average traded value. Overall, the activity surrounding Pidilite Industries underscores its strong market position and investor interest in the specialty chemicals industry.