Recent Price Movement and Market Context
The stock’s 6.14% gain on 01-Dec marks a continuation of a short-term upward trend, with the share price having appreciated by 6.56% over the preceding two days. Intraday, the stock reached a high of ₹34, representing an 11.04% surge from prior levels. This performance notably outpaced its sector by 6.42% on the day, signalling a degree of renewed investor interest. However, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting some caution among participants.
Investor participation has also increased, with delivery volumes on 28 Nov rising by 12.31% compared to the five-day average, reflecting heightened trading activity. The stock’s price currently sits above its five-da...
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