Recent Price Movement and Volatility
The stock’s fall on 01-Dec marks a reversal after two consecutive days of gains, signalling renewed selling pressure. Intraday, the share price fluctuated widely, touching a high of ₹47, which was a modest 2.98% increase from the previous close, before plunging to an intraday low of ₹41.08. This wide trading range of ₹5.92 and an intraday volatility of 6.72% highlight the heightened uncertainty and nervousness among investors.
Notably, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting that sellers dominated the session. This selling pressure was further compounded by the stock trading below all key moving averages – including the 5-day, 20-day, 50-day, 100-day, and 200-day...
Read More












