Surge in Open Interest Signals Increased Market Activity for KEI Industries
KEI Industries Ltd has reported a notable rise in open interest, reaching 65,242 contracts, alongside a trading volume of 121,823 contracts. The stock closed significantly above its 52-week low, with a substantial increase in delivery volume. KEI Industries continues to be a key player in the cable industry.
KEI Industries Ltd, a prominent player in the cable industry, has experienced a significant increase in open interest today. The latest open interest stands at 65,242 contracts, reflecting a rise of 7,659 contracts or 13.3% from the previous open interest of 57,583. This surge coincides with a trading volume of 121,823 contracts, indicating heightened activity in the stock.In terms of price performance, KEI Industries closed the day 4.44% away from its 52-week low of Rs 2,762.25, having reached an intraday high of Rs 2,936.75, marking a 3.37% increase. Despite this positive movement, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging trend in the short to medium term.
Additionally, the stock has seen a remarkable rise in delivery volume, with 28.56 lakh shares delivered on March 20, reflecting a staggering increase of 1,733.01% compared to the 5-day average delivery volume. With a market capitalization of Rs 27,584.60 crore, KEI Industries remains a significant entity in the cable sector. Overall, the notable increase in open interest highlights a shift in market dynamics for KEI Industries, warranting attention from market participants.
{{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
