IFGL Refractories Hits Day High with Strong 12.18% Intraday Surge
IFGL Refractories has shown significant activity today, gaining 10.79% and reaching an intraday high of Rs 322.25, marking a 12.18% increase. This performance comes as the stock continues its upward trend, having gained 13.28% over the past two days. Notably, IFGL Refractories is now just 1.19% away from its 52-week high of Rs 324.The stock has outperformed its sector by 10.87%, reflecting strong momentum in the small-cap Electrodes & Refractories industry. Additionally, IFGL Refractories is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust position in the market.
Today's trading has been characterized by high volatility, with an intraday volatility of 8.34%. In comparison, the broader market, represented by the Sensex, is trading positively at 81,410.55, up 0.25%. Overall, IFGL Refractories' recent performance highlights its strong market position and resilience amid fluctuating market conditions.
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