Shree Cement Sees Surge in Open Interest Amid Active Trading Environment

Mar 25 2025 01:00 PM IST
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Shree Cement Ltd. has seen a notable rise in open interest, reaching 19,577 contracts, alongside a trading volume of 15,027 contracts. The stock achieved a new 52-week high of Rs 30,175, while experiencing a decline in delivery volume. The company maintains a significant market capitalization of Rs 1,07,851.67 crore.
Shree Cement Ltd. has experienced a significant increase in open interest today, with the latest open interest (OI) recorded at 19,577 contracts, up from the previous OI of 16,846 contracts. This marks a change of 2,731 contracts, reflecting a percentage increase of 16.21%. The trading volume for the stock reached 15,027 contracts, contributing to a futures value of approximately Rs 51,406.44 lakhs.

In terms of price performance, Shree Cement hit a new 52-week high of Rs 30,175 today, although it underperformed its sector by 0.53%. The stock has shown consistent gains over the past week, rising 8.76% during this period. It touched an intraday high of Rs 30,175, representing a 2.49% increase for the day. Notably, Shree Cement is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the positive price movements, there has been a notable decline in delivery volume, which fell by 68.54% compared to the 5-day average. Overall, Shree Cement remains a key player in the cement industry, with a market capitalization of Rs 1,07,851.67 crore. The increase in open interest today highlights the stock's active trading environment.
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