Short-Term Price Movement and Investor Interest
The stock’s rise on 24 December is part of a broader recent trend, with B N Rathi Securities Ltd recording gains over the last four consecutive trading sessions. During this period, the stock has appreciated by 7.63%, significantly outperforming its sector by 3.24% on the day in question. This short-term strength is further supported by rising investor participation, as evidenced by a 15.51% increase in delivery volume to 27,550 shares on 23 December compared to the five-day average. Such heightened trading activity often signals renewed investor confidence or speculative interest, contributing to upward price pressure.
Additionally, the stock’s current price is trading above its 5-day and 20-day moving averages, indicati...
Read full news article













