UPL Ltd. Sees Surge in Open Interest Amidst Challenging Market Conditions

Aug 01 2025 03:00 PM IST
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UPL Ltd. has seen a significant rise in open interest, indicating increased trading activity, with a total futures value of approximately Rs 50,350.32 lakhs. However, the company has struggled with stock performance, experiencing a decline over recent days and underperforming compared to its sector.
UPL Ltd., a prominent player in the Pesticides & Agrochemicals industry, has experienced a notable increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 36,400, marking a significant rise of 4,371 from the previous open interest of 32,029, which translates to a percentage change of 13.65%. The trading volume for the day reached 27,405, contributing to a total futures value of approximately Rs 50,350.32 lakhs.

Despite this surge in open interest, UPL Ltd. has faced challenges in its stock performance, having underperformed the sector by 1.15%. The stock has been on a downward trend, recording a decline of 4.45% over the past four days. Today, it touched an intraday low of Rs 684, reflecting a decrease of 2.81%.

In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day averages, yet remains below the 5-day moving average. The broader sector has also seen a decline of 2.36%. Overall, while UPL Ltd. shows increased trading activity through open interest, it continues to navigate a challenging market environment.
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