Avro India Reaches All-Time High Amid High Volatility and Strong Yearly Gains

Avro India, a microcap player in the plastic products industry, has recently achieved an all-time high price, marking a significant milestone for the company. As of December 26, 2024, the stock is just 2.13% shy of its 52-week high of Rs 192. Despite this achievement, the stock has shown some underperformance today, lagging behind its sector by 0.8%. The trading session has been characterized by high volatility, with an intraday volatility rate of 336.7%, indicating substantial price fluctuations. The stock opened at Rs 188 and has maintained this level throughout the trading day. In terms of moving averages, Avro India is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the company has demonstrated impressive growth, with a performance increase of 75.72%, significantly outpacing the Sensex, which recorded a gain of 10.02%. This performance highlights Avro India's strong position within its industry.