National Aluminium Company Sees 12.03% Surge in Open Interest to 43,755 Contracts

National Aluminium Company Ltd (NATIONALUM) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 43,755 contracts, up from the previous figure of 39,056, marking a change of 4,699 contracts or a 12.03% increase. The trading volume for the day reached 36,197 contracts, indicating robust participation in the market.
In terms of performance, National Aluminium has outperformed its sector by 0.4%, with a 1-day return of 0.80%, compared to the sector's return of 0.36% and the Sensex's return of 0.44%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory.

Additionally, the stock boasts a high dividend yield of 4.44% at the current price, and its liquidity remains favorable, with a trading capacity of Rs 5.76 crore based on 2% of the 5-day average traded value. Overall, the notable rise in open interest and positive performance metrics highlight the stock's active engagement in the market today.