Kaynes Technology Sees Surge in Open Interest Amid Strong Market Activity

Jun 30 2025 12:00 PM IST
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Kaynes Technology India Ltd has seen a notable rise in open interest, reaching 11,800, alongside a trading volume of 17,674. The stock has outperformed its sector and is currently trading above multiple moving averages, indicating a strong upward trend despite a slight decline in delivery volume.
Kaynes Technology India Ltd, a prominent player in the industrial manufacturing sector, has experienced a significant increase in open interest today. The latest open interest stands at 11,800, marking a notable rise of 2,033 from the previous open interest of 9,767, which translates to a percentage change of 20.81%. The trading volume for the day reached 17,674, contributing to a futures value of approximately Rs 16,780.64 lakhs.

In terms of price performance, Kaynes Technology has outperformed its sector by 3.13%, with the stock gaining 4.78% over the last two days. Today, it reached an intraday high of Rs 6,048, reflecting a 3.08% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a slight decline in delivery volume, which fell by 0.46% against the 5-day average, the stock remains liquid enough for a trade size of Rs 5.26 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest and solid price performance underscores the stock's current market activity.
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