Short-Term Price Movement and Volatility
Despite a modest gain of 2.14% over the past week, Cenlub Industries has experienced a sharp decline of 13.89% in the last month, contrasting with the Sensex's positive 0.95% return during the same period. The stock's year-to-date performance remains deeply negative, down 50.69%, while the broader market has advanced by over 9%. This stark divergence highlights ongoing challenges for Cenlub Industries in maintaining investor confidence amid broader market gains.
On the day in question, the stock exhibited high volatility, with an intraday price range spanning ₹30 and a calculated intraday volatility of 6%. The share price touched a low of ₹234.95, representing a steep intraday drop of 10.15%. Notably, the weighted average price ...
Read More











