Intraday Price Movement and Trading Dynamics
The stock demonstrated strong momentum during the trading session, reaching an intraday high of ₹26.29, marking a 9.4% surge from its previous close. The price fluctuated within a wide range of ₹2.59, reflecting heightened volatility with an intraday volatility measure of 6.09%. Notably, the weighted average price indicates that a larger volume of shares traded closer to the lower end of the price range, suggesting some selling pressure despite the overall price appreciation.
From a technical perspective, the stock price currently sits above its 5-day and 20-day moving averages, signalling short-term bullishness. However, it remains below the longer-term 50-day, 100-day, and 200-day moving averages, indicating that the broad...
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