Why is Indef Manufactur falling/rising?

Jun 09 2025 11:24 PM IST
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As of 09-Jun, Indef Manufacturing Ltd's stock price is at Rs. 400.00, marking a 19.99% increase and reaching a new all-time high. The stock has shown strong momentum with a 68.07% gain over three days and significantly outperformed the benchmark Sensex.
As of 09-Jun, Indef Manufacturing Ltd's stock price is rising, currently at Rs. 400.00, reflecting a significant increase of 66.65 or 19.99%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 19.34%. Over the past three days, the stock has gained a remarkable 68.07%, indicating strong momentum. Despite experiencing high volatility with an intraday range of Rs. 74.95, the stock has consistently traded above its moving averages across various time frames. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 581.08% compared to the five-day average, contributing positively to the stock's recent upward movement. There is no information available regarding positive or negative factors that could influence the stock's performance.

In the broader market context, Indef Manufacturing's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.32% over the past week. The stock's impressive return of 65.26% in the same period highlights its strong relative performance. Furthermore, the stock's one-month return of 90.43% also contrasts sharply with the Sensex's 3.76% increase, reinforcing the notion that Indef Manufacturing is experiencing robust demand and investor interest compared to the overall market.
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