Patanjali Foods Sees Surge in Open Interest Amid Increased Trading Activity

Apr 03 2025 02:00 PM IST
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Patanjali Foods Ltd has seen a notable rise in open interest, reaching 11,981 contracts, alongside a trading volume of 15,410 contracts. The stock has outperformed its sector and is trading above multiple moving averages, indicating strong market engagement and positive momentum in its performance.
Patanjali Foods Ltd, a prominent player in the FMCG sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 11,981 contracts, up from the previous 9,769 contracts, marking a change of 2,212 contracts or a 22.64% increase. The trading volume for the day reached 15,410 contracts, contributing to a total futures value of approximately Rs 12,169.81 lakhs and an options value of around Rs 7,622.71 lakhs, culminating in a total value of Rs 13,389.12 lakhs.

In terms of price performance, Patanjali Foods has outperformed its sector by 2.16%, with a notable 1-day return of 2.46%. The stock has been on a positive trajectory, gaining 3.42% over the last two days. Today, it reached an intraday high of Rs 1,885, reflecting a 3.31% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.

Overall, the surge in open interest and robust trading metrics highlight the active engagement in Patanjali Foods, underscoring its current market dynamics.
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