Syngene International Sees 15.15% Surge in Open Interest Amid Trading Activity
Syngene International Ltd has seen a significant rise in open interest, reaching 18,188 contracts, alongside a trading volume of 6,668 contracts, indicating active market engagement. Despite this, the stock has underperformed its sector and is trading below key moving averages, reflecting ongoing challenges in its market position.
Syngene International Ltd, a small-cap player in the healthcare services sector, has experienced a notable increase in open interest today. The latest open interest stands at 18,188 contracts, reflecting a rise of 2,393 contracts or 15.15% from the previous open interest of 15,795. This surge comes alongside a trading volume of 6,668 contracts, indicating active participation in the derivatives market.In terms of overall market performance, Syngene's stock has underperformed its sector by 0.29% today, continuing a downward trend with a cumulative decline of 3.82% over the past four days. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position.
Additionally, the stock's delivery volume has decreased by 2.12% compared to the 5-day average, with a total delivery volume of 373,000 shares recorded on September 24. Despite these challenges, the liquidity remains adequate for trading, with a market cap of Rs 25,826 crore. Overall, the increase in open interest highlights a significant shift in market dynamics for Syngene International, warranting close observation.
{{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
