Patanjali Foods Sees Surge in Open Interest Amid Increased Trading Activity

Mar 28 2025 02:00 PM IST
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Patanjali Foods Ltd has seen a notable increase in open interest, reaching 8,938 contracts, alongside a trading volume of 6,570 contracts. The stock has outperformed its sector and is trading above key moving averages, indicating strong market activity and liquidity, with a market capitalization of Rs 65,487 crore.
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 8,938 contracts, marking a notable rise of 2,022 contracts or 29.24% from the previous open interest of 6,916. The trading volume for the day reached 6,570 contracts, contributing to a futures value of approximately Rs 7,068.93 lakhs.

In terms of price performance, Patanjali Foods has outperformed its sector by 0.8%, with the stock reaching an intraday high of Rs 1,819.90, reflecting a gain of 2.03%. 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. Additionally, the delivery volume has seen a rise of 27.54% compared to the 5-day average, with 363,000 shares delivered on March 27.

With a market capitalization of Rs 65,487 crore, Patanjali Foods continues to demonstrate robust liquidity, suitable for trades around Rs 2.08 crore based on 2% of the 5-day average traded value. Overall, the surge in open interest and positive price movements highlight the stock's active trading environment today.
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