Lupin Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Apr 03 2025 10:00 AM IST
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Lupin Ltd. has seen a notable rise in open interest, indicating increased trading activity, with current figures at 27,477 contracts. The stock has outperformed its sector, gaining 9.29% over two days, and is trading above key moving averages, reflecting a strong upward trend in the market.
Lupin Ltd., a prominent player in the Pharmaceuticals & Drugs sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 27,477 contracts, up from the previous 23,761, marking a change of 3,716 contracts or a 15.64% increase. The trading volume for the day reached 34,981 contracts, indicating robust market engagement.

In terms of price performance, Lupin has outperformed its sector by 2.43%, with the stock gaining 9.29% over the last two days. Today, it opened with a notable gain of 4.49%, reaching an intraday high of Rs 2,144.85, which represents a 6.72% increase. 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.

The Pharmaceuticals & Drugs sector overall has gained 3.59%, while Lupin's liquidity remains favorable, with a delivery volume of 9.74 lakh shares on April 2, reflecting a 68.88% increase compared to the 5-day average. With a market capitalization of Rs 97,191.28 crore, Lupin continues to be a significant entity in the market. The notable rise in open interest underscores the stock's active trading environment today.
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