Kalyan Jewellers Reports 13.07% Surge in Open Interest to 48,878

Kalyan Jewellers India Ltd, a prominent player in the Gems, Jewellery, and Watches industry, has experienced a significant increase in open interest today. The latest open interest stands at 48,878, marking a rise of 5,651 from the previous open interest of 43,227, which translates to a percentage change of 13.07%. The trading volume for the stock reached 33,976, contributing to a futures value of approximately Rs 96,397.38 lakhs and an options value of Rs 10,599,554.17 lakhs, bringing the total value to Rs 97,409.37 lakhs.
In terms of price performance, Kalyan Jewellers has outperformed its sector by 1.17%, with a notable 2.36% gain over the last three days. The stock hit an intraday high of Rs 506.95, reflecting a 2.35% increase. While the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. However, it is worth noting that delivery volume has decreased by 51.38% compared to the 5-day average, indicating a decline in investor participation. Overall, Kalyan Jewellers continues to show notable activity in the market, underscoring its position within the mid-cap segment.