Recent Price Movements and Volatility
The stock hit a new 52-week low of ₹30.2 during intraday trading on 27-Mar, marking a significant 15.71% drop from recent levels. This sharp fall was accompanied by a wide trading range of ₹6.06, underscoring heightened volatility. The weighted average price indicates that a larger volume of shares exchanged hands closer to the day’s low, suggesting selling pressure dominated throughout the session. Furthermore, the stock opened with a gap down of 2.12%, setting a bearish tone from the outset.
Adding to the negative momentum, Kothari Fermentation & Biochem Ltd is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning often signals sustained weakness ...
Read full news article













