Piramal Enterprises Sees Significant Open Interest Surge Amid Strong Market Activity

Jul 14 2025 12:00 PM IST
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Piramal Enterprises Ltd has seen a notable rise in open interest, reaching 20,053 contracts, alongside a trading volume of 46,952 contracts. The stock achieved a new 52-week high and has demonstrated strong upward momentum, significantly outperforming its sector while maintaining robust liquidity.
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 20,053 contracts, marking a rise of 3,721 contracts or 22.78% from the previous open interest of 16,332. This surge in open interest coincides with a trading volume of 46,952 contracts, indicating heightened activity in the stock.

In terms of price performance, Piramal Enterprises reached a new 52-week high of Rs 1,292.7 today, reflecting a 6.18% increase during the trading session. The stock has shown consistent upward momentum, gaining 11.69% over the past five days and outperforming its sector by 6.29%. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend.

The liquidity of Piramal Enterprises remains robust, with a delivery volume of 10.62 lakh shares on July 11, which is a remarkable 343.73% increase compared to the 5-day average delivery volume. Overall, the notable rise in open interest and the stock's recent performance underscore its active presence in the market.
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