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

Apr 03 2025 12:00 PM IST
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Lupin Ltd. has seen a notable rise in open interest, reaching 28,610 contracts, alongside a trading volume of 62,569 contracts. The stock has outperformed its sector, gaining 4.40% today and consistently trending upward over the past two days, reflecting strong market engagement.
Lupin Ltd., a prominent player in the Pharmaceuticals & Drugs sector, has experienced a significant increase in open interest today. The latest open interest stands at 28,610 contracts, reflecting a rise of 4,849 contracts or 20.41% from the previous open interest of 23,761. This surge in open interest coincides with a trading volume of 62,569 contracts, indicating heightened activity in the stock.

In terms of price performance, Lupin has outperformed its sector by 2%, with a notable gain of 4.40% on the day. The stock opened with a gain of 4.49% and reached an intraday high of Rs 2,150, marking a 6.98% increase. Over the past two days, Lupin has shown a consistent upward trend, accumulating a total return of 7.39%.

Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong performance relative to these benchmarks. The Pharmaceuticals & Drugs sector itself has gained 2.51% today. With a market capitalization of Rs 95,789.63 crore, Lupin remains a significant entity in the market. Overall, the increase in open interest and robust trading metrics highlight the stock's active engagement in the current market landscape.
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