Intraday Price Movements and Volatility
The stock opened with a gap up of 2.49%, reaching an intraday high of ₹46.94, signalling early optimism among traders. However, this positive momentum was short-lived as the price plunged to an intraday low of ₹41, marking a steep decline of 10.48% from the previous close. The wide trading range of ₹5.94 and an intraday volatility of 6.75% underscore the heightened uncertainty and rapid price swings experienced during the day.
Notably, the weighted average price indicates that a larger volume of shares traded closer to the lower end of the price range, suggesting selling pressure dominated as the session progressed. This shift from initial gains to a pronounced decline highlights a lack of sustained buying interest.









