Torrent Pharmaceuticals Sees Surge in Open Interest Amid Increased Trading Activity

May 21 2025 03:00 PM IST
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Torrent Pharmaceuticals Ltd. has seen a notable rise in open interest, reaching 19,920 contracts, alongside a trading volume of 83,791 contracts, indicating increased market activity. The stock has performed well, hitting an intraday high and trading above key moving averages, reflecting strong market engagement.
Torrent Pharmaceuticals Ltd. has experienced a significant increase in open interest today, reflecting heightened trading activity in the stock. The latest open interest stands at 19,920 contracts, up from the previous figure of 15,903, marking a change of 4,017 contracts or a 25.26% increase. The trading volume for the day reached 83,791 contracts, indicating robust participation in the market.

In terms of price performance, Torrent Pharmaceuticals has shown resilience, with the stock touching an intraday high of Rs 3,371.90, representing a gain of 4.02%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory. Additionally, the delivery volume on May 20 surged to 305,000 shares, reflecting a 100.65% increase compared to the 5-day average delivery volume, which underscores the stock's liquidity and trading activity.

With a market capitalization of Rs 1,11,390.93 crore, Torrent Pharmaceuticals continues to maintain a solid position within the Pharmaceuticals & Biotechnology sector. Overall, the notable rise in open interest and trading volume highlights the stock's active engagement in the market today.
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