Intraday Price Movement and Volatility
Advance Lifestyles Ltd opened the trading session with a gap up of 6.38%, signalling strong buying interest at the outset. The stock reached an intraday high of ₹25.68, representing a 6.38% gain from the previous close, before retreating to an intraday low of ₹23.01, down 4.68%. This wide trading range of ₹2.67 highlights significant price swings within the day, underscoring elevated volatility. The intraday volatility, calculated from the weighted average price, stood at 5.46%, indicating active and fluctuating trading dynamics.
Comparison with Sector and Benchmarks
On this day, Advance Lifestyles outperformed its sector by 5.96%, a substantial margin that suggests relative strength in the stock compared t...
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