Piramal Pharma Sees Significant Surge in Open Interest Amid Increased Trading Activity

Sep 19 2025 01:00 PM IST
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Piramal Pharma Ltd has seen a significant rise in open interest, reaching 13,421 contracts, alongside a trading volume of 17,392. The stock has outperformed its sector and achieved consistent gains over the past two days, despite a decline in investor participation and delivery volume.
Piramal Pharma Ltd, a small-cap player in the Pharmaceuticals & Biotechnology sector, has experienced a notable increase in open interest (OI) today. The latest OI stands at 13,421 contracts, reflecting a rise of 1,905 contracts or 16.54% from the previous OI of 11,516. This surge in OI comes alongside a trading volume of 17,392, indicating heightened activity in the stock.

In terms of price performance, Piramal Pharma has outperformed its sector by 2.17%, with a 1-day return of 2.40%. The stock has shown consistent gains over the past two days, accumulating a total return of 2.6% during this period. Today, it reached an intraday high of Rs 209.44, marking a 3% increase.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 46.95% compared to the 5-day average. The stock remains liquid, with a trading capacity of Rs 1.26 crore based on 2% of the 5-day average traded value.

Overall, the increase in open interest and the stock's recent performance highlight significant activity in Piramal Pharma, reflecting the dynamics of the current market environment.
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