Mphasis Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

Apr 25 2025 11:00 AM IST
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Mphasis Ltd. has seen a notable rise in open interest, indicating increased trading activity, with current figures at 24,495 contracts. The stock has outperformed its sector and reached an intraday high, while delivery volume has decreased. Mphasis maintains a strong market capitalization within the large-cap segment.
Mphasis Ltd., a prominent player in the IT software industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 24,495 contracts, up from the previous 22,023, marking a change of 2,472 contracts or an 11.22% increase. The trading volume for the day reached 19,210 contracts, contributing to a total futures value of approximately Rs 34,930.10 lakhs.

In terms of price performance, Mphasis has outperformed its sector by 1.54%, with the stock reaching an intraday high of Rs 2,547.80, reflecting a gain of 3.23%. The stock's current price is above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Notably, there has been a decline in investor participation, with delivery volume dropping by 14.29% compared to the 5-day average.

With a market capitalization of Rs 47,418.29 crore, Mphasis continues to maintain a solid position in the large-cap segment of the market. The increase in open interest today highlights the stock's active trading environment, underscoring the ongoing dynamics within the IT software sector.
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