Ramco Cements Sees Surge in Open Interest Amid Increased Trading Activity
The Ramco Cements Ltd has seen a notable rise in open interest, reaching 10,413 contracts, alongside increased trading volume of 21,843 contracts. The stock has outperformed its sector, achieving a total return of 5.59% over two days, while also showing strong delivery volume and liquidity.
The Ramco Cements Ltd (symbol: RAMCOCEM) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 10,413 contracts, marking a notable rise of 2,764 contracts or 36.14% from the previous open interest of 7,649. The trading volume for the day reached 21,843 contracts, contributing to a futures value of approximately Rs 33,508.09 lakhs.In terms of price performance, The Ramco Cements has outperformed its sector by 2.24%, with a consecutive gain over the last two days, resulting in a total return of 5.59% during this period. The stock reached an intraday high of Rs 912, reflecting a 3.31% increase. Additionally, it is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.
The stock's delivery volume has also seen a rise, with 5.23 lakh shares delivered on March 27, up by 33.29% compared to the 5-day average. With a market capitalization of Rs 21,242.68 crore, The Ramco Cements continues to demonstrate robust liquidity, suitable for trades around Rs 1.5 crore. Overall, the increase in open interest and positive price movements highlight a dynamic trading environment for The Ramco Cements.
{{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
