Max Healthcare Sees Surge in Open Interest Amid Increased Trading Activity

Apr 22 2025 02:00 PM IST
share
Share Via
Max Healthcare Institute Ltd has seen a notable rise in open interest, reaching 39,296 contracts, alongside a trading volume of 26,490 contracts. The stock has outperformed its sector and is trading above key moving averages, although investor participation has declined with a drop in delivery volume.
Max Healthcare Institute Ltd (MAXHEALTH) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 39,296 contracts, up from the previous 34,538, marking a change of 4,758 contracts or a 13.78% increase. The trading volume for the day reached 26,490 contracts, contributing to a futures value of approximately Rs 54,318.64 lakhs.

In terms of price performance, Max Healthcare has outperformed its sector by 4.63%, with the stock hitting an intraday high of Rs 1,133.5, representing a gain of 5.64% for the day. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price trajectory.

However, it is noteworthy that investor participation has seen a decline, with delivery volume dropping by 23.49% compared to the 5-day average. Despite this, the stock remains liquid, with a trade size of Rs 5.31 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest alongside the stock's performance metrics highlights a dynamic trading environment for Max Healthcare Institute.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News