Escorts Kubota Sees Surge in Open Interest Amid Increased Trading Activity

Apr 23 2025 03:00 PM IST
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Escorts Kubota Ltd has seen a notable rise in open interest, reaching 18,013 contracts, alongside a trading volume of 12,364 contracts. The stock has outperformed its sector and is trading above several moving averages, indicating strong market activity and liquidity, with a market capitalization of Rs 38,440.08 crore.
Escorts Kubota Ltd, a prominent player in the Auto - Tractor industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 18,013 contracts, up from the previous figure of 16,376, marking a change of 1,637 contracts or a 10% increase. The trading volume for the day reached 12,364 contracts, contributing to a futures value of approximately Rs 34,305.91 lakhs.

In terms of price performance, Escorts Kubota has outperformed its sector by 0.58%, with the stock touching an intraday high of Rs 3,441, representing a 2.48% increase. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Notably, the delivery volume surged to 84.83 thousand on April 22, reflecting a remarkable increase of 203.15% compared to the 5-day average delivery volume.

With a market capitalization of Rs 38,440.08 crore, Escorts Kubota continues to demonstrate robust liquidity, making it a viable option for trading. The notable rise in open interest and trading volume underscores the stock's active market presence today.
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