Ambuja Cements Sees Significant Surge in Open Interest Amid Increased Trading Activity

Apr 23 2025 03:00 PM IST
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Ambuja Cements Ltd has reported a notable rise in open interest, reaching 56,641 contracts, alongside a trading volume of 28,370 contracts, signaling increased activity in the derivatives market. Despite a slight decline in stock price, the company maintains strong liquidity and remains a key player in the cement industry.
Ambuja Cements Ltd, a prominent player in the cement industry, has experienced a significant increase in open interest (OI) today. The latest OI stands at 56,641 contracts, reflecting a rise of 6,392 contracts or 12.72% from the previous OI of 50,249. This uptick in OI comes alongside a trading volume of 28,370 contracts, indicating heightened activity in the derivatives market.

In terms of price performance, Ambuja Cements has seen a slight decline of 0.85% today, which is in line with the sector's performance, as the cement industry overall has reported a 1.05% drop. The stock has been on a downward trend for the past two days, accumulating a total decline of 1.18%. Despite this, the stock's moving averages indicate that it is currently above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Additionally, the stock has shown increased liquidity, with a delivery volume of 28.71 lakh shares on April 22, marking a 31.83% rise compared to the 5-day average delivery volume. Ambuja Cements, with a market capitalization of Rs 1,41,790 crore, continues to be a significant entity in the cement sector. The notable increase in open interest highlights a shift in market dynamics, reflecting ongoing trading activity without indicating future price movements.
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