Sammaan Capital Ltd Sees 81.24% Surge in Open Interest to 60,019 Contracts

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 60,019 contracts, a notable rise from the previous open interest of 33,115 contracts, marking a change of 26,904 contracts or an impressive 81.24% increase. The trading volume for the day reached 99,181 contracts, reflecting robust market engagement.
In terms of price performance, Sammaan Capital hit a new 52-week high of Rs 187.91, representing a 7.75% increase for the day. The stock has outperformed its sector by 6.17%, while the broader market, as indicated by the Sensex, has seen a decline of 0.61%. The weighted average price suggests that more volume was traded closer to the low price, indicating active trading dynamics.

Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further emphasizing its strong performance. With a market capitalization of Rs 15,533.46 crore, Sammaan Capital continues to demonstrate liquidity, with a delivery volume of 1.2 crore on October 23, reflecting a 66.29% increase against the 5-day average delivery volume. Overall, the surge in open interest and strong price performance underscores the stock's active trading environment.