Kaynes Technology Sees 14,054 Active Call Contracts at Rs 7500 Strike Price

Kaynes Technology India Ltd has emerged as one of the most active stocks in the market today, particularly in the options segment. The company, operating within the industrial manufacturing sector, has seen significant trading activity in its call options, with 14,054 contracts traded for the expiry date of September 30, 2025, at a strike price of Rs 7,500. This activity has generated a turnover of approximately Rs 1,425.50 lakhs, while the open interest stands at 1,691 contracts, indicating a robust interest in this option.
In terms of performance, Kaynes Technology has outperformed its sector by 1.32%, marking a consecutive gain over the last two days with a total return of 4.31%. The stock reached an intraday high of Rs 7,457.50, reflecting a 2.98% increase during the trading session. Notably, Kaynes Technology is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

However, it is worth mentioning that investor participation has seen a decline, with delivery volume dropping by 27.42% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 8.21 crore, based on 2% of the 5-day average traded value. Overall, Kaynes Technology India Ltd continues to attract attention in the market, reflecting its solid position within the mid-cap segment.