J K Cements Sees Surge in Open Interest Amid Increased Futures Market Activity

Mar 21 2025 03:00 PM IST
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J K Cements Ltd has seen a notable rise in open interest, reaching 6,199 contracts, alongside a trading volume of 11,014 contracts. The stock is nearing its 52-week high and has shown a consistent upward trend over the past five days, despite a decline in delivery volume.
J K Cements Ltd, a prominent player in the cement industry, has experienced a significant increase in open interest today, reflecting heightened activity in its futures market. The latest open interest stands at 6,199 contracts, up from the previous 5,402 contracts, marking a change of 797 contracts or a 14.75% increase. The trading volume for the day reached 11,014 contracts, indicating robust market engagement.

In terms of price performance, J K Cements is currently trading close to its 52-week high, just 3.25% away from Rs 4,988.95. The stock has outperformed its sector by 2.43% today, with a notable 1D return of 3.65%. Over the past five days, J K Cements has shown a consistent upward trend, gaining 13.13% during this period. The stock reached an intraday high of Rs 4,857.35, reflecting a 4.22% increase.

Despite the positive price movements, there has been a decline in investor participation, with delivery volume falling by 23.95% compared to the five-day average. Overall, J K Cements continues to demonstrate strong performance metrics, underscoring its position in the market.
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