Surge in Open Interest Signals Increased Trading Activity for Torrent Pharmaceuticals
Torrent Pharmaceuticals Ltd. has seen a notable rise in open interest, reaching 17,869 contracts, alongside a trading volume of 10,177 contracts. The stock has outperformed its sector and is trading above key moving averages, indicating a positive trend. The company maintains a strong market capitalization and liquidity.
Torrent Pharmaceuticals Ltd. has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 17,869 contracts, up from the previous figure of 15,491, marking a change of 2,378 contracts or a 15.35% increase. The trading volume for the day reached 10,177 contracts, contributing to a futures value of approximately Rs 34,012.70 lakhs.In terms of price performance, Torrent Pharmaceuticals has outperformed its sector by 0.51%, reversing a two-day decline. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, the delivery volume on April 22 was 316,000 shares, reflecting an impressive 88.1% increase compared to the 5-day average delivery volume.
With a market capitalization of Rs 1,11,370.62 crore, Torrent Pharmaceuticals remains a significant player in the Pharmaceuticals & Drugs industry. The liquidity of the stock is also noteworthy, as it is liquid enough for a trade size of Rs 1.55 crore based on 2% of the 5-day average traded value. Overall, the surge in open interest and positive trading metrics highlight a dynamic trading environment for Torrent Pharmaceuticals.
{{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
