Amber Enterprises Sees Significant Open Interest Surge Amid Increased Market Activity

Amber Enterprises India Ltd, a player in the Electronics & Appliances sector, has experienced a significant increase in open interest today. The latest open interest stands at 13,325 contracts, marking a rise of 1,418 contracts or 11.91% from the previous open interest of 11,907. This uptick in open interest coincides with a trading volume of 9,607 contracts, indicating heightened activity in the derivatives market.
In terms of price performance, Amber Enterprises has outperformed its sector by 0.28% today, with the stock achieving a 1D return of 0.67%. Over the past four days, the stock has shown a consistent upward trend, gaining 6.18% during this period. The stock reached an intraday high of Rs 7,808.5, reflecting a 2.33% increase.

Additionally, Amber Enterprises is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong market position. The delivery volume on September 1 has surged by 98.67% compared to the 5-day average, further highlighting increased investor participation. With a market capitalization of Rs 25,856 crore, Amber Enterprises continues to demonstrate robust liquidity, making it a notable entity in the small-cap segment.