NCC Ltd Sees Surge in Open Interest Amid Increased Trading Activity

Mar 20 2025 11:00 AM IST
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NCC Ltd has seen a significant rise in open interest, reaching 23,233 contracts, alongside a trading volume of 40,825 contracts, indicating increased market activity. The stock has outperformed its sector and demonstrated consistent upward momentum, with notable gains over recent days and heightened investor participation.
NCC Ltd, a mid-cap player in the Capital Goods industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 23,233 contracts, marking a notable rise of 5,438 contracts or 30.56% from the previous open interest of 17,795. This surge coincides with a trading volume of 40,825 contracts, indicating robust market engagement.

In terms of price performance, NCC Ltd has outperformed its sector by 4.77%, with the stock gaining 4.07% on the day. It opened with a gain of 4.2% and reached an intraday high of Rs 208.6, reflecting a 6.03% increase. The stock has shown consistent upward momentum, having gained 11.22% over the past three days.

Additionally, NCC Ltd's delivery volume has seen a rise of 30.92% compared to its five-day average, suggesting increased investor participation. The stock's liquidity remains favorable, with a trade size of Rs 1.83 crore based on 2% of the five-day average traded value. Overall, the notable increase in open interest and positive price movements highlight a dynamic trading environment for NCC Ltd.
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