Mahindra & Mahindra has emerged as one of the most active stock calls today amid notable trading activity.

Mahindra & Mahindra Ltd, a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks today. The company, with a market capitalization of Rs 3,29,162.08 crore, has seen significant trading activity in its call options, particularly for the expiry date of April 24, 2025. The call option with a strike price of Rs 2,700 recorded 14,256 contracts traded, resulting in a turnover of approximately Rs 2,061.45 lakh. The open interest for this option stands at 3,596 contracts, indicating a robust interest among traders.
In terms of price performance, Mahindra & Mahindra's stock is currently valued at Rs 2,640.00, reflecting a slight 1D return of 0.34%, which is in line with the sector's performance of 0.44% and the Sensex's return of 0.49%. Notably, the stock has experienced a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a cautious outlook. Additionally, the delivery volume has decreased by 30.11% compared to the 5-day average, indicating a decline in investor participation. Despite these fluctuations, the stock remains liquid enough for a trade size of Rs 22.98 crore, highlighting its ongoing activity in the market.