Piramal Enterprises Sees Surge in Open Interest Amid Strong Trading Activity

Jul 14 2025 02:00 PM IST
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Piramal Enterprises Ltd has experienced a notable increase in open interest, reaching 19,958 contracts, alongside a trading volume of 61,916 contracts. The stock achieved a new 52-week high of Rs 1,293.9 and has shown consistent gains, outperforming its sector and demonstrating strong liquidity.
Piramal Enterprises Ltd (PEL), a prominent player in the Non-Banking Financial Company (NBFC) sector, has witnessed a significant increase in open interest today. The latest open interest stands at 19,958 contracts, marking a rise of 3,626 contracts or 22.2% from the previous open interest of 16,332. This surge in open interest coincides with a trading volume of 61,916 contracts, indicating heightened activity in the stock.

In terms of price performance, Piramal Enterprises reached a new 52-week high of Rs 1,293.9, reflecting a 6.28% increase during the trading session. The stock has outperformed its sector by 5.18% and has shown consistent gains over the past five days, accumulating a total return of 10.53%. Notably, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Additionally, the stock's liquidity remains robust, with a delivery volume of 10.62 lakh shares on July 11, representing a remarkable increase of 343.73% compared to the 5-day average. Overall, the notable rise in open interest and strong price performance underscores the active trading environment surrounding Piramal Enterprises.
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