Surge in Open Interest Signals Increased Trading Activity for Kaynes Technology Ltd
Kaynes Technology India Ltd has seen a notable rise in open interest, reaching 19,858 contracts, alongside a trading volume of 53,529 contracts. The stock has outperformed its sector and has shown consistent gains over four days, indicating strong market activity and robust liquidity in the industrial manufacturing sector.
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 19,858 contracts, marking a rise of 4,358 contracts or 28.12% from the previous open interest of 15,500. This surge in open interest coincides with a trading volume of 53,529 contracts, indicating heightened activity in the stock.In terms of price performance, Kaynes Technology has outperformed its sector by 1.97%, with a notable 1-day return of 3.12%. The stock has been on a positive trajectory, gaining for four consecutive days and accumulating a total return of 14.86% during this period. Today, it reached an intraday high of Rs 6,409.5, reflecting a 3.85% increase.
Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. With a market capitalization of Rs 41,879 crore, Kaynes Technology continues to demonstrate robust liquidity, with a delivery volume that has surged by 624.46% compared to its 5-day average.
In summary, the notable increase in open interest alongside strong price performance highlights the active trading environment surrounding Kaynes Technology India Ltd, reflecting its solid position in the industrial manufacturing sector.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
