Divis Laboratories Sees Surge in Open Interest Amid Strong Market Activity

Apr 24 2025 02:00 PM IST
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Divis Laboratories Ltd has seen a notable rise in open interest, reaching 55,374 contracts, alongside a trading volume of 95,832 contracts. The stock achieved a new 52-week high of Rs 6,308.5, outperforming its sector and demonstrating strong liquidity and consistent gains over recent days.
Divis Laboratories Ltd, a prominent player in the Pharmaceuticals & Drugs sector, has experienced a significant increase in open interest today. The latest open interest stands at 55,374 contracts, marking a notable rise from the previous open interest of 44,924 contracts. This change represents an increase of 10,450 contracts, or 23.26%. The trading volume for the day reached 95,832 contracts, indicating robust activity in the market.

In terms of price performance, Divis Laboratories hit a new 52-week high of Rs 6,308.5, reflecting a 6.48% increase during the trading session. The stock has outperformed its sector by 4.34% and has shown consistent gains over the past four days, accumulating a total return of 10.66% in this period. Additionally, Divis Laboratories is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

With a market capitalization of Rs 1,65,732.03 crore, Divis Laboratories continues to demonstrate solid liquidity, with a delivery volume of 5.2 lakh shares on April 23, reflecting a 52.38% increase compared to the 5-day average. Overall, the stock's performance today highlights its strong market position and investor engagement.
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