Hindustan Copper Sees Surge in Open Interest Amid Increased Trading Activity

May 28 2025 12:00 PM IST
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Hindustan Copper Ltd has seen a notable rise in open interest, indicating increased trading activity, with current figures at 24,149 contracts. The stock has outperformed its sector and experienced a recent price gain, although delivery volume has declined significantly. The company's market capitalization stands at approximately Rs 23,978.33 crore.
Hindustan Copper Ltd, a prominent player in the Non-Ferrous Metals industry, has experienced a significant increase in open interest today, signaling heightened trading activity. The latest open interest stands at 24,149 contracts, up from the previous 19,263, marking a change of 4,886 contracts or a 25.36% increase. This surge coincides with a trading volume of 32,972 contracts, reflecting robust market engagement.

In terms of price performance, Hindustan Copper has outperformed its sector by 0.58%, with the stock gaining 9.42% over the last four days. Today, it opened with a gain of 2.42%, reaching an intraday high of Rs 257.9, which represents a 5.24% increase. The stock's weighted average price indicates that more volume was traded closer to its low price, suggesting varied trading strategies among participants.

Despite this positive momentum, there has been a noted decline in delivery volume, which fell by 34.91% compared to the five-day average. Overall, Hindustan Copper's market capitalization is approximately Rs 23,978.33 crore, positioning it firmly within the large-cap segment. The notable increase in open interest, alongside the stock's recent performance, underscores the dynamic nature of its trading environment.
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