Torrent Pharmaceuticals Sees Surge in Open Interest, Indicating Shift in Trading Dynamics
Torrent Pharmaceuticals Ltd. has seen a significant rise in open interest, reaching 15,448 contracts, indicating increased trading activity. The stock's trading volume today was 7,709 contracts, with a market capitalization of Rs 1,21,838 crore. Despite recent challenges, it remains a key player in the Pharmaceuticals & Biotechnology sector.
Torrent Pharmaceuticals Ltd. has experienced a notable increase in open interest today, signaling heightened activity in its trading. The latest open interest stands at 15,448 contracts, reflecting a rise of 1,796 contracts or 13.16% from the previous open interest of 13,652. The trading volume for the day reached 7,709 contracts, contributing to a futures value of approximately Rs 40.69 crore.In terms of price performance, Torrent Pharmaceuticals is currently 4.44% away from its 52-week high of Rs 3,787.90. Despite this, the stock has faced challenges recently, having declined by 1.58% over the past two days. Today, it touched an intraday low of Rs 3,600, representing a decrease of 2.03%.
The stock has been trading above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages. Additionally, delivery volume has decreased by 12.92% compared to the 5-day average, indicating a decline in investor participation. With a market capitalization of Rs 1,21,838 crore, Torrent Pharmaceuticals remains a significant player in the Pharmaceuticals & Biotechnology sector. Overall, the increase in open interest highlights a shift in trading dynamics for the stock.
{{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
