Short-Term Price Movement and Market Behaviour
Adarsh Plant Protect Ltd’s stock opened the day with a gap down of 4.96%, hitting an intraday low of Rs 26.44. However, the stock rebounded strongly throughout the trading session, reaching an intraday high of Rs 29.21, marking a 5.0% gain by the close. This recovery highlights a significant intraday volatility, with the stock trading within a wide range of Rs 2.77. Despite the initial weakness, the weighted average price indicates that more volume was traded closer to the lower price levels, suggesting cautious buying interest at the dips.
Notably, the stock has been on a positive streak for the last three consecutive days, accumulating a 10.85% return over this period. This short-term rally has enabled Adarsh Plant to ou...
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