Piramal Pharma Sees Surge in Open Interest Amid Increased Trading Activity

Sep 03 2025 12:00 PM IST
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Piramal Pharma Ltd has seen a significant rise in open interest, reaching 11,700 contracts, up from 6,061. The trading volume hit 44,955 contracts, indicating strong market engagement. The stock outperformed its sector and remains above several moving averages, reflecting notable trading activity despite a slight decline in delivery volume.
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 11,700 contracts, a notable rise from the previous open interest of 6,061 contracts, marking a change of 5,639 contracts or an impressive 93.04% increase. The trading volume for the day reached 44,955 contracts, indicating robust market engagement.

In terms of price performance, Piramal Pharma outperformed its sector by 6.27%, with the stock touching an intraday high of Rs 201.31, representing a 7.82% increase. The weighted average price suggests that more volume was traded closer to the lower end of the price range. While the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages.

Despite a slight decline in delivery volume, which fell by 3.1% against the 5-day average, the stock maintains sufficient liquidity for trading, with a market cap of Rs 25,661 crore in the small-cap segment. Overall, the surge in open interest and the stock's performance today highlight notable activity in Piramal Pharma.
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