Sammaan Capital Ltd Sees 84.93% 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, reflecting heightened trading activity. The latest open interest stands at 61,240 contracts, a notable rise from the previous open interest of 33,115 contracts, marking a change of 28,125 contracts or an impressive 84.93%. The trading volume for the day reached 114,331 contracts, indicating robust market engagement.
In terms of price performance, Sammaan Capital hit a new 52-week high of Rs 189.55, representing an intraday increase of 8.69%. The stock has outperformed its sector by 6.85% today, while the broader market, as indicated by the Sensex, saw a decline of 0.52%. The weighted average price suggests that more volume was traded closer to the lower end of the price range, and the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Additionally, the delivery volume on October 23 reached 1.2 crore shares, reflecting a 66.29% increase compared to the 5-day average delivery volume, indicating rising investor participation. With a market capitalization of Rs 15,531.81 crore, Sammaan Capital continues to demonstrate liquidity suitable for trades around Rs 5.18 crore based on 2% of the 5-day average traded value. Overall, the surge in open interest and strong price performance underscores the stock's active trading environment today.