Ramco Cements Sees Surge in Open Interest Amid Increased Trading Activity
Ramco Cements Ltd has seen a significant rise in open interest, indicating increased trading activity in the cement sector. The stock has outperformed its sector, recovering from previous declines, and is trading above key moving averages. The delivery volume also reflects heightened trading interest, reinforcing its strong market position.
The Ramco Cements Ltd (symbol: RAMCOCEM) has experienced a notable increase in open interest today, reflecting heightened trading activity in the cement sector. The latest open interest stands at 12,427 contracts, marking a rise of 1,142 contracts or 10.12% from the previous open interest of 11,285. The trading volume for the day reached 12,526 contracts, contributing to a total futures value of approximately Rs 58,776.31 lakhs.In terms of price performance, The Ramco Cements has outperformed its sector by 0.3%, recovering after two consecutive days of decline. The stock achieved an intraday high of Rs 1,011, representing a gain of 3.51%. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price trajectory.
The delivery volume on April 23 was recorded at 2.64 lakh shares, which is a 6.74% increase compared to the 5-day average delivery volume, suggesting a rise in trading activity. With a market capitalization of Rs 23,362.23 crore, The Ramco Cements continues to maintain a solid position within the large-cap segment of the cement industry. Overall, the increase in open interest and positive price movements highlight a significant day for the stock.
{{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
