Mahindra & Mahindra has emerged as one of the most active stock puts today amid notable market engagement.

Mahindra & Mahindra Ltd, a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active stocks in the market today, particularly in the options arena. The company’s put options, set to expire on April 24, 2025, have seen significant activity, with 8,724 contracts traded at a strike price of Rs 2,600. This activity has generated a turnover of approximately Rs 1,063.16 lakhs, while the open interest stands at 1,839 contracts, indicating a notable level of engagement from market participants.
Despite this activity, Mahindra & Mahindra's stock has underperformed, showing a decline of 2.65% over the last two days, with a one-day return of -2.28%. The stock reached an intraday low of Rs 2,635, reflecting a drop of 3.59%. Currently, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 33.87% compared to the 5-day average.

In terms of liquidity, the stock remains accessible for trading, with a value of Rs 23.32 crore based on 2% of the 5-day average traded value. As Mahindra & Mahindra navigates these market dynamics, the focus remains on its performance metrics and underlying trends.