Jubilant Foodworks Sees 12.15% Surge in Open Interest to 32,188 Contracts

Jubilant Foodworks Ltd, a key player in the Leisure Services industry, has experienced a significant increase in open interest today, signaling heightened trading activity. The latest open interest stands at 32,188 contracts, up from the previous figure of 28,702, marking a change of 3,486 contracts or a 12.15% increase. This uptick coincides with a trading volume of 18,523 contracts, reflecting robust market engagement.
In terms of financial metrics, the stock's performance today has underperformed its sector by 0.71%, with a 1-day return of -0.76%. Despite this, Jubilant Foodworks is currently trading above its 5-day moving averages, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the stock has seen a rise in delivery volume, with 16.28 lakh shares delivered on September 24, representing a 63.56% increase compared to the 5-day average.

With a market capitalization of Rs 41,574 crore, Jubilant Foodworks continues to maintain liquidity, supporting trade sizes of Rs 2.52 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a notable shift in trading dynamics for Jubilant Foodworks, reflecting ongoing market activity.