Apollo Hospitals Sees Surge in Open Interest Amid Increased Trading Activity
Apollo Hospitals Enterprise Ltd. has seen a significant rise in open interest, reaching 38,017 contracts, alongside a trading volume of 46,150 contracts. Despite underperforming its sector today, the stock has gained over the past week and remains a key player in the Hospital & Healthcare Services industry.
Apollo Hospitals Enterprise Ltd. has experienced a notable increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 38,017 contracts, up from the previous figure of 34,383, marking a change of 3,634 contracts or a 10.57% increase. The trading volume for the day reached 46,150 contracts, contributing to a futures value of approximately Rs 78,942.67 lakhs.In terms of performance, Apollo Hospitals has underperformed its sector by 0.79% today, despite a positive trend over the past six days, during which the stock has gained 8.66%. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Additionally, delivery volume has seen a significant rise, with 3.32 lakh shares delivered on March 21, reflecting a 29.71% increase compared to the 5-day average.
With a market capitalization of Rs 95,761 crore, Apollo Hospitals continues to be a significant player in the Hospital & Healthcare Services industry. The increase in open interest today highlights the stock's active trading environment, underscoring the ongoing interest in its market performance.
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