Nestle India Ltd Sees Surge with 5,907 Active Call Contracts at Rs 2,500 Strike

Nestle India Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, a prominent player in the FMCG industry, has seen significant trading activity with 5,907 call contracts traded for the expiry date of May 29, 2025, at a strike price of Rs 2,500. This activity generated a turnover of approximately Rs 1,001.27 lakhs, while the open interest stands at 1,385 contracts, indicating a robust interest in this option.
In terms of performance, Nestle India has outperformed its sector by 1.67%, marking a consecutive gain over the last three days with a total return of 4.14% during this period. The stock reached an intraday high of Rs 2,515, reflecting a 3.35% increase. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Despite a decline in delivery volume, which fell by 23.07% compared to the 5-day average, the stock remains liquid enough for trades around Rs 2.47 crore, based on 2% of the 5-day average traded value. With a market capitalization of Rs 2,39,496.64 crore, Nestle India continues to solidify its position in the FMCG sector. Overall, today's trading activity highlights the stock's resilience and ongoing investor interest.