Intraday Volatility and Trading Dynamics
The stock demonstrated a wide trading range of ₹156.65 during the day, with the price swinging between an intraday low of ₹1,351.95 and the high mentioned earlier. Despite the initial optimism at the open, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, signalling selling pressure as the session progressed. This heightened volatility, calculated at 7.63%, underscores the unsettled investor sentiment surrounding the stock on this particular day.
Short-Term Underperformance and Sector Influence
Lumax Auto Technologies has been on a downward trajectory for the past two days, cumulatively losing 11.27% in returns. This decline notably outpaces the broader Au...
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