Piramal Pharma Sees Surge in Open Interest Amid Increased Trading Activity

Jul 15 2025 03:00 PM IST
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Piramal Pharma Ltd has seen a notable rise in open interest, indicating increased trading activity, with current contracts at 10,838. The day's trading volume reached 20,358 contracts, contributing to a total futures and options value of approximately Rs 28,803.97 lakhs, highlighting a dynamic market environment for the stock.
Piramal Pharma Ltd (PPLPHARMA) has experienced a significant increase in open interest today, reflecting heightened trading activity in the stock. The latest open interest stands at 10,838 contracts, up from the previous 8,658 contracts, marking a change of 2,180 contracts or a 25.18% increase. The trading volume for the day reached 20,358 contracts, contributing to a total futures value of approximately Rs 26,393.83 lakhs and an options value of Rs 8,609.59 lakhs, bringing the total to Rs 28,803.97 lakhs.

In terms of price performance, Piramal Pharma has outperformed its sector by 2.18%, with the stock gaining 2.88% today. Over the past three days, it has shown a cumulative return of 6.96%. The stock reached an intraday high of Rs 215.99, reflecting a 3.9% increase. Notably, the stock's performance is above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Overall, the notable rise in open interest alongside strong trading volume indicates a dynamic trading environment for Piramal Pharma, underscoring the stock's current market activity.
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