Recent Price Movement and Volatility
The stock opened the day with a positive gap of 2%, reaching an intraday high of ₹775.20, also a 2% gain. However, it failed to sustain these levels and fell to an intraday low matching the closing price of ₹744.80, representing a 2% decline from the previous day’s close. This intraday volatility was exceptionally high, with a weighted average price volatility of 142.93%, indicating significant price swings within the trading session. Such volatility often signals uncertainty among investors and can be driven by a variety of factors including profit-taking or shifting market sentiment.
Short-Term Performance and Sector Context
Over the past week, Mahamaya Steel’s shares have declined by 7.88%, contrasting sha...
Read full news article











