Torrent Pharmaceuticals Sees 16.53% Surge in Open Interest, Reaching 15,923 Contracts
Torrent Pharmaceuticals Ltd. has seen a notable rise in open interest, reaching 15,923 contracts, alongside a trading volume of 15,188 contracts. The stock has outperformed its sector, recovering from recent declines, while maintaining liquidity despite a drop in delivery volume. This shift indicates increased market activity.
Torrent Pharmaceuticals Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 15,923 contracts, up from the previous 13,664 contracts, marking a change of 2,259 contracts or a 16.53% increase. The trading volume for the day reached 15,188 contracts, indicating robust participation in the market.In terms of price performance, Torrent Pharmaceuticals has outperformed its sector by 3.06%, recovering from three consecutive days of decline. The stock is currently trading above its 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day moving averages. This mixed performance comes amid a broader downturn in the Pharmaceuticals & Drugs sector, which has seen a decline of 2.16%.
Despite a drop in delivery volume, which fell by 43.8% compared to the 5-day average, the stock maintains sufficient liquidity for trades up to Rs 2.24 crore, based on 2% of the 5-day average traded value. Overall, the notable increase in open interest for Torrent Pharmaceuticals highlights a shift in market dynamics, warranting attention from market participants.
{{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
