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

Apr 22 2025 02:00 PM IST
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Mphasis Ltd. has seen a notable rise in open interest, reaching 33,338 contracts, alongside a trading volume of 17,582 contracts. The stock has outperformed its sector and recorded three consecutive days of gains, indicating a dynamic trading environment and increased liquidity in the market.
Mphasis Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 33,338 contracts, up from the previous figure of 29,953, marking a change of 3,385 contracts or an 11.3% increase. The trading volume for the day reached 17,582 contracts, contributing to a futures value of approximately Rs 54,782 lakhs and an options value of Rs 6,207,966,776, bringing the total to Rs 55,760.98 lakhs. The underlying value of the stock is noted at Rs 2,402.

In terms of price performance, Mphasis has outperformed its sector by 2.11% today, continuing a positive trend with three consecutive days of gains, totaling a 6.83% increase over this period. The stock reached an intraday high of Rs 2,428.6, reflecting a 2.01% rise. While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has seen a notable increase of 24.94% compared to the 5-day average, indicating robust liquidity for trades sized at Rs 2.94 crore.

Overall, the surge in open interest alongside strong trading metrics highlights a dynamic trading environment for Mphasis Ltd.
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