Jubilant Foodworks Sees 17.17% Surge in Open Interest, Reaching 36,050 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 36,050 contracts, marking a rise of 5,282 contracts or 17.17% from the previous open interest of 30,768. This uptick in open interest coincides with a trading volume of 19,499 contracts, reflecting heightened activity in the stock.
In terms of market performance, Jubilant Foodworks has outperformed its sector by 0.26%, with a one-day return of 0.81%. The stock is currently trading at an underlying value of Rs 594, with a total futures value of approximately Rs 96,529.76 lakhs. Notably, the stock's delivery volume on October 24 reached 4.96 lakh shares, which is a substantial increase of 38.76% compared to the five-day average delivery volume.

While the stock is performing higher than its five-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. With a market capitalization of Rs 38,970 crore, Jubilant Foodworks continues to maintain a liquid trading environment, suitable for transactions of Rs 1.09 crore based on 2% of the five-day average traded value. Overall, the notable rise in open interest highlights a dynamic trading environment for Jubilant Foodworks.