Piramal Enterprises Sees Significant Surge in Open Interest Amid Strong Market Activity

Jul 15 2025 12:00 PM IST
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Piramal Enterprises Ltd (PEL) has seen a notable rise in open interest, reaching 22,590 contracts, alongside a trading volume of 57,322 contracts. The stock achieved a new 52-week high of Rs 1,351, demonstrating strong upward momentum and favorable liquidity, with significant delivery volume increases.
Piramal Enterprises Ltd (PEL), a prominent player in the Non-Banking Financial Company (NBFC) sector, has experienced a significant increase in open interest today. The latest open interest stands at 22,590 contracts, marking an increase of 3,116 contracts or 16.0% from the previous open interest of 19,474. This surge in open interest coincides with a trading volume of 57,322 contracts, reflecting robust market activity.

In terms of price performance, Piramal Enterprises reached a new 52-week high of Rs 1,351, representing a 4.46% increase during the trading session. The stock has shown consistent upward momentum, gaining 14.27% over the past six days and outperforming its sector by 1.64% today. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.

The liquidity of Piramal Enterprises remains favorable, with a delivery volume of 14.04 lakh shares on July 14, reflecting a 224.95% increase compared to the 5-day average. Overall, the notable rise in open interest and the stock's strong performance metrics underscore its active presence in the market.
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