Max Healthcare Sees Surge in Open Interest Amid Increased Trading Activity

Mar 28 2025 03:00 PM IST
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Max Healthcare Institute Ltd has seen a significant rise in open interest, reaching 20,809 contracts, alongside a trading volume of 12,179 contracts. The stock experienced high volatility, with an intraday fluctuation of 5.37%. However, delivery volume has declined compared to the five-day average, indicating changing investor participation.
Max Healthcare Institute Ltd (MAXHEALTH) has experienced a notable increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 20,809 contracts, up from the previous 18,718, marking a change of 2,091 contracts or an 11.17% increase. The trading volume for the day reached 12,179 contracts, contributing to a total futures value of approximately Rs 19,386.23 lakhs and an options value of around Rs 5,404.14 crores, bringing the total value to Rs 20,614.02 lakhs.

In terms of price performance, Max Healthcare's stock has underperformed its sector by 4.31%. The stock recorded an intraday high of Rs 1,164.65, reflecting a gain of 3.12%, while it dipped to a low of Rs 1,090.55, a decrease of 3.44%. The weighted average price indicates that more volume was traded closer to the lower price point, highlighting a day of high volatility with an intraday fluctuation of 5.37%.

Despite the increase in open interest, the stock's delivery volume has seen a decline of 20.82% compared to the five-day average, suggesting a shift in investor participation. Overall, the developments in open interest and trading metrics provide a comprehensive view of Max Healthcare's current market dynamics.
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