Intraday Price Movement and Market Reaction
The stock opened with a gap up of 13.12%, signalling strong buying interest at the start of the trading session. It reached an intraday high of Rs 7.95, reflecting a robust recovery after several days of downward pressure. This rebound allowed Heera Ispat to outperform its sector by 21.53% on the day, a remarkable feat given the broader market context. However, the weighted average price indicates that a larger volume of shares traded closer to the lower end of the price range, suggesting some caution among investors despite the rally.
Technical Indicators and Trading Volumes
From a technical standpoint, the stock remains above its 200-day moving average, which often acts as a long-term support level. ...
Read full news article










