Recent Price Movement and Volatility
Modipon's share price has been under pressure, closing just 2.57% above its 52-week low of ₹36.05. The stock experienced a wide intraday trading range of ₹3.99, highlighting heightened volatility. Notably, the weighted average price indicates that a larger volume of shares traded closer to the day's low, signalling selling pressure throughout the session. This volatility is further underscored by an intraday volatility measure of 5.1%, which is considerable for a stock of its size.
Underperformance Relative to Benchmarks
Over the past week, Modipon has declined by 2.63%, while the Sensex gained a marginal 0.10%. The divergence widens over longer periods, with the stock down 7.50% in the last month compared to...
Read More









