Sammaan Capital Ltd Sees 59.51% Surge in Open Interest Amid Increased Trading Activity

Sammaan Capital Ltd, a small-cap player in the housing finance sector, has experienced a significant increase in open interest today, signaling heightened trading activity. The latest open interest stands at 52,821 contracts, up from the previous 33,115 contracts, marking a notable change of 19,706 contracts or 59.51%. This surge coincides with a trading volume of 63,748 contracts, reflecting robust market engagement.
In terms of price performance, Sammaan Capital reached a new 52-week high of Rs 183, representing a 4.93% increase during the trading session. The stock has outperformed its sector by 4.03%, while the broader Sensex has seen a decline of 0.24%. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also risen, with a delivery volume of 1.2 crore shares on October 23, up 66.29% compared to the 5-day average. The liquidity remains favorable, supporting a trade size of Rs 5.18 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest and strong price performance highlight the active trading environment surrounding Sammaan Capital.