Jubilant Foodworks Sees 15.72% Surge in Open Interest to 35,605 Contracts

Jubilant Foodworks Ltd, a prominent player in the Leisure Services industry, has experienced a significant increase in open interest today. The latest open interest stands at 35,605 contracts, reflecting a rise of 4,837 contracts or 15.72% from the previous open interest of 30,768. This uptick in open interest comes alongside a trading volume of 17,666 contracts, indicating active market participation.
In terms of financial metrics, Jubilant Foodworks has a market capitalization of Rs 39,171.71 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 bearish trend in the short to medium term. On October 24, the stock recorded a delivery volume of 496,000 shares, which is a notable increase of 38.76% compared to its 5-day average delivery volume, highlighting rising investor participation.

The stock's performance today shows a return of 0.52%, slightly outperforming the sector's return of 0.44% and the Sensex's return of 0.54%. Overall, the increase in open interest for Jubilant Foodworks underscores a notable shift in market dynamics, reflecting heightened trading activity.