Chambal Fertilisers Sees Surge in Open Interest Amid Increased Trading Activity

Apr 28 2025 03:00 PM IST
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Chambal Fertilisers & Chemicals Ltd has seen a notable rise in open interest, indicating increased trading activity, with current figures at 14,903 contracts. The stock is performing well, nearing its 52-week high, and has shown resilience despite a decline in delivery volume compared to recent averages.
Chambal Fertilisers & Chemicals Ltd (CHAMBLFERT) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 14,903 contracts, up from the previous 13,545 contracts, marking a change of 1,358 contracts or a 10.03% increase. The trading volume for the day reached 10,106 contracts, contributing to a total futures value of approximately Rs 14,613.66 lakhs.

In terms of price performance, Chambal Fertilisers is currently trading just 1.37% away from its 52-week high of Rs 699.7. The stock has shown resilience, gaining 1.89% today, outperforming its sector, which recorded a 1.01% increase. Notably, the stock has reversed its trend after two consecutive days of decline, reaching an intraday high of Rs 694.2, a rise of 2.56%.

Despite this positive momentum, there has been a decline in delivery volume, which fell by 27.62% compared to the five-day average. Overall, Chambal Fertilisers continues to demonstrate strong performance indicators, trading above its key moving averages, while maintaining sufficient liquidity for substantial trade sizes.
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