Piramal Pharma Sees Surge in Open Interest Amid Increased Market Activity
Piramal Pharma Ltd has seen a notable rise in open interest, reaching 8,337 contracts, alongside a trading volume of 11,131 contracts. The stock has outperformed its sector and is currently trading above several moving averages, despite a decline in delivery volume, indicating a dynamic trading environment.
Piramal Pharma Ltd (PPLPHARMA) has experienced a significant increase in open interest today, reflecting notable activity in the stock. The latest open interest stands at 8,337 contracts, up from the previous 6,773 contracts, marking a change of 1,564 contracts or a 23.09% increase. This surge coincides with a trading volume of 11,131 contracts, indicating robust market engagement.In terms of price performance, Piramal Pharma has outperformed its sector by 2%, with the stock gaining 3.07% over the last two days. Today, it reached an intraday high of Rs 208.45, reflecting a 3.72% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages.
Despite this positive price movement, there has been a decline in investor participation, with delivery volume dropping by 22.69% compared to the 5-day average. The stock's liquidity remains adequate for trades up to Rs 1.3 crore, based on 2% of the 5-day average traded value.
Overall, the increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for Piramal Pharma, reflecting the underlying trends in the pharmaceuticals and biotechnology sector.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
