Ambuja Cements Sees Surge in Open Interest Amid Mixed Market Performance

Apr 22 2025 03:00 PM IST
share
Share Via
Ambuja Cements Ltd has seen a notable rise in open interest, reaching 60,505 contracts, indicating increased trading activity. Despite this, the stock has underperformed its sector and experienced a decline after a series of gains. Investor participation is decreasing, with a drop in delivery volume.
Ambuja Cements Ltd (AMBUJACEM), a prominent player in the cement industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 60,505 contracts, marking a notable rise of 10,156 contracts or 20.17% from the previous open interest of 50,349. The trading volume for the day reached 35,000 contracts, contributing to a total futures value of approximately Rs 118,990.49 lakhs.

Despite this surge in open interest, Ambuja Cements has underperformed its sector, with a 1D return of -0.27%, compared to a sector return of 0.09%. The stock has also seen a trend reversal, falling after seven consecutive days of gains. Currently, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend.

However, investor participation appears to be waning, as the delivery volume of 22.37 lakh shares has decreased by 4.72% against the 5-day average. With a market capitalization of Rs 1,43,144 crore, Ambuja Cements remains a significant entity in the cement sector. Overall, the increase in open interest highlights a shift in market dynamics, warranting close observation.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News