Jubilant Foodworks Sees 11.27% Surge in Open Interest to 33,716 Contracts

Jubilant Foodworks Ltd, a prominent player in the Leisure Services industry, has experienced a notable increase in open interest today. The latest open interest stands at 33,716 contracts, reflecting a rise of 3,415 contracts or 11.27% from the previous open interest of 30,301. This surge in open interest comes alongside a trading volume of 13,982 contracts, indicating heightened activity in the derivatives market.
In terms of financial metrics, Jubilant Foodworks has a market capitalization of approximately Rs 38,854.98 crore, categorizing it as a mid-cap stock. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging performance relative to its historical trends. On the day, Jubilant Foodworks reported a 1D return of -1.76%, underperforming its sector, which saw a decline of 1.05%, and the Sensex, which fell by 0.61%.

Additionally, the stock has shown rising investor participation, with a delivery volume of 424,000 shares on October 23, marking a 12.12% increase compared to the 5-day average delivery volume. The liquidity remains robust, with the stock being liquid enough for a trade size of Rs 1.19 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a significant shift in market dynamics for Jubilant Foodworks, reflecting active trading conditions.