Piramal Enterprises Sees Surge in Call Options Activity with 7,349 Contracts Traded

Piramal Enterprises Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active stocks today. The company’s underlying stock, PEL, has seen significant trading activity, particularly in call options set to expire on July 31, 2025, with a strike price of Rs 1300. A total of 7,349 contracts were traded, resulting in a turnover of approximately Rs 1,838.61 lakhs, while open interest stands at 932 contracts.
Today, Piramal Enterprises reached a new 52-week high of Rs 1,292.7, reflecting a 6.18% increase during the trading session. The stock has outperformed its sector by 6.29% and has shown a consistent upward trend, gaining 11.69% over the past five days. The stock's performance metrics indicate it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling strong momentum.

Additionally, the stock recorded a delivery volume of 10.62 lakhs on July 11, marking a remarkable 343.73% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 29,232.36 crore, Piramal Enterprises continues to demonstrate robust liquidity, making it a notable entity in the financial markets. Overall, the activity surrounding Piramal Enterprises today underscores its significant position within the NBFC industry.